I put a .m2t on a new timeline in V6 and put the same clip on a new timeline in V7. I moved the cursor to a point where I could line it up right on the edge of a waveform (where someone is speaking particular words). Vegas 7 shows the cursor as being 7 frames ahead of where it was in the Vegas 6 timeline. What would cause this difference? A few details:
.m2t clip total length 22 minutes.
HDV 1080 60i
Quantize to frames is on
project settings identical in both V6 & V7.
This clip was rendered in Vegas 6. But I made new projects for both (empty, just dropped an .m2t on it). For sure I will make any changes to it in Vegas 6 not Vegas 7. New projects I can do in V7, though.