When trying to trim down the clips in the timeline after U import it. It keeps locking and frezzing up which makes it hard for me to get the clip placement correct.
I don't know of anything that will handle vobs or mpgs, besides just viewing them. Try TMPGEnc 2.5. They have a new website. They have a free trial. Pegasys is there co. name. Do a google. It can do simple edits and can sew two or more mgps together. I don't know of anything that's going to let you edit, like you edit an .avi in timeline of Vegas. Let us know if you find anything. (even TMPGEnc 2.5 crashes from time to time, when I work on mpg2s. It's very hard on your system.)