Can Metafile Companion edit or display bitmaps in a metafile?
No. It ignores (throws away) bitmaps that appear in a metafile. To have Metafile Companion warn you whenever it encounters a command it doesn’t process, go to Tools, Options, General and check the “Display Ignored Metafile Record Warnings” option. While this will occasionally alert you to “lost” objects, most of the time you just get warnings about commands that have no effect on the final output. That’s why we leave this option off by default.