lol you feel old? I said your birthday was the day AFTER MINE. So I'm older. :p
And GM

tudio doesn't limit much. You can use any function, even the 3D ones. It only limits the amount of objects and sprites and such you can put it but the limit is like around 15 for each, so it's not bad. You're going to miss out when they add shaders, ogg and a full compiler in a few months!