No one has ever answered this question:
Does Vegas do its internal processing at the project bit depth? If you set 24-bits as your project bit-depth, does Vegas in fact switch it's internal mix nodes to a higher bit-depth? What's the point of recording at 24 if it's reduced to 16 before it's even mixed?
Because Vegas resamples on the fly and is closely tied in to the OS, I suspect it resamples everything to 16-bits internally. I always find Logic under ASIO and ProTools sound cleaner and more detailed in comparison, regardless of the bit-depth in Vegas, and they tell will tell you their internal audio engines are 32 bits or more.
I have no hard data. But I do know that every time this seemingly important question has come up, it is ALWAYS ignored by SF.
Tanx
DSG