As for "live previews" of masks, well, if you have an image that you're going to use as a mask, and you're modifying it (the mask), depending on what you're doing, you may be able to see the changes in a live preview window (LPW for short from now) -- for example, if you're modifying the mask with the HistogramTransform tool, just open the LPW... What you can NOT see in real time is how those changes will affect the image being masked, you need to apply the changes to the mask to see the results in the masked image - and then apply whatever you want to apply to the image of course, otherwise you'd only modified the mask, which shouldn't change the way the masked image looks like.