What tool is used to create a text box or edit text in Avid Media Composer?

The tool used to create a text box or edit text in Avid Media Composer is indeed the Text Tool, which is commonly accessed by pressing the T key. This tool allows editors to easily generate and manipulate text elements within their projects. By using the Text Tool, you can create text overlays, subtitles, or any graphic text on screen, along with various customization options such as font, size, color, and positioning.

Utilizing the T key streamlines the workflow, as it provides a quick way to access these text features without having to navigate through multiple menus or options. This efficiency is crucial in a fast-paced editing environment, enabling editors to integrate text seamlessly into their video projects.