OK, Great. Early version used Grid and FX. It is the first idea that comes. The problem appear when you want to save the show and use it outside of workspace. Of, if you change workspace and it indirectly change the effects/cues used on the timelime. BEYOND still allow to use Cues from workspace on the timeline, but, if you do this, then keep this Show inside workspace. Well, this direction seems not really well balanced. Now the show has Cue List and Effect list. Both saved inside the Show. And, it is a "replacement" of Workspace and FX. There are commands in Timeline menus that allow move the content between Workspace, Event and Cue/Effect list.
Anyway, you may drag&drop effect from FX to timeline. After that, in context menu there is "Move Effect to Effect List". This is for the case if you need to use this effect (without duplicated) in multiple places.
Best Regards,
Alexey.