My project is set to HDV (1080x1440) and I am rendering at the same resolution. The files look fine, but I'm wondering why it takes so long to render since the inputs and outputs are identical and I'm essentially merging clips together.
How long is a long time? I have HDV and it takes "a long time" to render in HDV, or even to down-rez my HDV to DV (for DVD creation), but my laptop is old and slow. Having said that, you should be able to smart render your HDV that has not been altered by FX, transitions, etc. Smart rendering is faster than not-smart rendering, but it's still "slow" if you have an older computer.
Smart rendering: Make sure you have "Enable no-recompress long-GOP rendering" checked in the general preferences. When you are rendering, assuming you haven't added any FX or crop/pan etc., the preview should be black with the words "no recompression required" for most of the render.
Also, keep in mind that while you are smart-rendering the video, the audio is being recompressed with each generation. That's why I use either .mxf or XDCAM .mp4 instead: because the HDV video will smart-render into these formats while the audio will be uncompressed and not damaged further with successive smart-renders.
As I read the documentation, smart-render requires that all the project settings match the video inputs. Is there some tool to cross check what my video files properties are versus the projects?
Click the "Match Media Settings" icon in the very top right of the "Project Properties" window and then choose one of your source files. If those properties match one of Vegas' templates, then that template will be selected. This is in 10.0e. I assume it's the same in 11.
Use MediaInfo to inspect the properties of your files. You get more info if you switch the view to text or tree mode.
To snelldl:
you asked "is there some tool to check" --you may want to install Timeline Tools by nfatoys software mentioned elsewhere in posts on this forum.
Wasn't it hdv print to tape that was fixed in the last release?
Edit
Yes, but also fixed issue which prevented rendered HDV from subsequently smart rendering. Presumably HDV straight from the camera would smart render in earlier releases.
Don't give up. Smart-rendering is an important thing to be able to do. Is your footage interlaced or progressive? Vegas will only smart-render interlaced. You can smartrender progressive if it is flagged as interlaced however. To do progressive flagged as interlaced, you have to set it up in the camera when you shoot. Once the footage is shot ot's too late.