My machine is a little slow, and doesn't handle modern video like 4k, all that well, so I want to use proxies. After researching the techniques for doing this, I still have an area of confusion.
What is the difference between using Vegas's "Create Video Proxy" feature when I import source video, and just setting my Project settings to a lower frame rate and resolution than the source footage, and then importing files at "Project Settings."
Wouldn't the latter method effectively create proxies on the timeline and let me proceed as usual?