not sure they've actually removed it, more like the same problem with the chroma key picker, you CAN drag a selection - it just doesn't show a bounding box.

this bugs been around a long time i think....

These are, as you pointed out, very old images. The problem is certain colored dies have totally faded away, the missing colors are no longer there to bring back (using the color wheels in Vegas).

If it were me, I wouldn't worry about it. They are what they are--old faded pictures.

Just one person's opinion.

P.S. How about showing what you've got so far?

I used to do 8mm transfers and I'd CC some of it, not that anyone would ever pay for serious work and I didn't have the gear to do it any way.

1) It's amazing what can still be found in old film like that. You need a real telecine though and that isn't cheap. What they do is get a huge amount of data from the film which gives the CC process more to work with plus you can control the light going into the film.
I doubt this film was transferred on serious gear and as it's now only on VHS there isn't that much to work with.

2) What I used to do was just make the whites white. Forget everything else but if the brides white dress was white it all looked ever so much better and that took only a few mouse clicks in Vegas. No bride, find a white shirt. The rest of the frame will still be out of whack but the eye will forgive it to some extent.

Bob.

Try AAV ColorLab. It's a free plug-in for Vegas and gives you control over adjusting individual colors of your footage. I love it.
http://aav6cc.blogspot.com/

Whites are blown. You will never restore color or detail. Best you can do is take some of the cast out of the whites and leave the rest alone, as Bob already suggested.

Thanks for the input, I knew I'd never get this stuff perfect, but was hoping to get it a little closer to something people could watch. I've had some luck with pulling the saturation down and tweaking the color wheels, then adding color curves over the top to warm the colors back up a bit but it's nowhere near what it probably once was. I think I'll check out the Color Lab plug in, sounds interesting and making the whites white is a great idea I'll try out as well. Problem with this footage is that it changes dramatically from scene to scene, indoors or out makes a big difference. So several clips have to be edited separately. Some scenes actually look OK, just a bit over-saturated. Thanks again for the ideas guys.