This isn't a question on how to do a specific task within Vegas, but a question on approach, from a newbie figuring out his overall work-flow for (volleyball) videos. My basic flow is to shoot HDV using an HV20 (60i and 1/60), capture with CineForm NEO HD, and to edit with Vegas Studio Platinum. Generating quick turn DVDs of entire matches for those interested (with DVD Architect) is working just fine, though LightScribe labeling (Nero)takes so long I may abandon that :-/

But here is my quandry. I want to collect highlights from each match, but I don't want to keep -all- the footage on my hard drive for as long as I'm creating the 'highlight reels', as is required by non-destructive editing. I tried the "copy and trim original files" (I know that isn't exactly how it is worded) option for the Vegas project, but apparently I can't do that with NEO HD, because NEO HD doesn't include an 'encode license'. sigh... So what are my options? Do I render the Vegas project each time I add footage, and then edit the rendered file next time I add something? WIll there be issues adding CineForm AVI's to the rendered files.

Looking for some experiential wisdom to guide me down my path to editing enlightenment, which is long and twisted.
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Jim

NEO HD does include an encoding license (that is primarily the purpose of NEO HD.) If you aren't seeing it you have a setup issue.

As for lossless breaking up CineForm (or any) AVIs, I use VirtualDub in "Direct stream copy" mode, it is fast, easy and free.