I've been persisting editing HDV on a HDV T/L, what a pain, especially when checking sync. I think I have this beat and I don't know why. Same footage dropped into a DV PAL 16:9 project plays smooth as silk.
I'd be interested to hear if anyone else has noticed this. It seems like a very viable workflow. Edit on a DV T/L and switch to HDV for final tidy up.
What I don't get is Vegas should be doing the exact same set of calcs regardless. Decode the HDV frames, rescale to preview window size etc.
Bob.