TrakAx
TrakAx is a free and fully featured sequencer, though it doesn't include VST support. Some of the main features, according to the website:
Beat-Matching.
Users can mix any tracks or loops with different BPMs (beats per minute) seamlessly for a professional sound. Whether you’re a novice or an experienced mixer, TrakAx gives you the tools to create music and video in a creative and fun way.
Easy drag-and-drop technology.
You require no special skills or technical expertise - just drag in your tunes & get mixing.
Cut Samples & Make Detail Edits.
Cut samples to remix your favourite tracks or make detailed edits to audio tracks, narrations or video clips. Use any combination of media—photos, videos and music.
Add Audio, Video & Photo Effects.
TrakAxPC comes with a range of video, photo and audio effects and transitions - add a professional touch to your mixes.
Microphone and webcam input.
Record in directly to TrakAxPC from your Webcam or Microphone for Videocasts, Podcasts or just for fun, to use in your mixes.
Easily find and preview all your Music, Videos and Photos.
Find all the photos, videos and photos on your hard-drive. Advanced Searching for those with tons of content and no boring uploads.