It would be a good time to do so - CHRISTMAS is coming soon!

And the ETA for VEGAS Prepare as well please.

VEGAS Prepare is already overdue in my opinion. I am currently depending on Sony Catalyst Prepare which is an excellent and solid tool. But I hope that Vegas Prepare will exceed my expectation and worth the extra wait!

Bump..... any news to share about Prepare now that v18 release three has launched?

There's a LOT going on behind the scenes, and they're doing all they can to not rush these products out buggy and incomplete. It is coming, but it needs a bit more time.

What's a good alternative to use until Vegas Prepare comes out? I'd hate to start logging and not have a compatible DB when  Vegas Prepare is released!

 compatible DB

I think that is highly unlikely. If there is anything you can call a standard it would be Adobe XMP metadata tags, but I don't know of any video-centric DAM that uses them. There is also the issue of writing tags to the source files, which can lead to corrupt files.

This is a difficult area to find a good solution, which is why I was quite excited to see Vegas Prepare. For now I use Adobe Bridge, and/or sort into folders with MEANINGFUL names.

BTW, I hate to be pessimistic, but the silence from Magix marketing (rather than Madison WI developers) makes me think this is not going to arrive soon, if ever.

I have Bridge, but CS6. The MXF thumbnails don't have pictures associated with them... So you create a sub-folder for every related topic? Does that equate to a folder on your drive, or is it a virtual folder in Bridge?

You could try the latest cc version of Bridge - it's free and you don't need a cloud subscription.

Both. Depends on the project. And keywords/ratings/collections too. I assume the latter will be lost over time, so anything critical needs to be recorded as a folder name or in some other document. YMMV.

If you find another DAM that you like please post it here.