I've been doing tests with the various Vegas intermediate codecs, and specifically the XQ format which in the Apple ProRes world world offers a 12 bit depth, vs the 10 bit of most of the other variations. (Some proxy LT variations can be 8 bit) Of course the Magix intermediate codec is not true ProRes, but is supposed to somewhat mirror it for the goal of delivering a compatible product world wide that adheres to certain standards.
I've used a 16 bit test pattern in the 32 bit mode and all non-proxy versions appear to be 10 bit, except for the highest quality XQ render setting, which oddly looks worse. As in, the XQ render appears to be 8 bit. It should look the best.
Further confirmation may be found in Adobe After Effects. When loading in these various clips, the properties for each showed "trillions of colors" except for the XQ render, which shows as "millions of colors".
----
..And ever so slightly off topic, but dealing with the Magix intermediate codec: If developers are reading, could an option be provided to include multi-channel PCM audio, vs the current stereo PCM only implementation? Apple ProRes allows for this option, and there's a LOT of material that needs to be delivered as 5.1.