I've noticed that the timeline is very fluid and forgiving at the boundaries between two clips. Frames do not necessarily line up with and/or connect to each other exactly at the framelines, e.g., the clip ending at 00:10:13 may actually end 1/2 frame early and the frame starting at 00:10:14 may actually start almost a complete frame late. Vegas just seems to ignore this and shows video continuously. Since we don't usually drill down to that level of detail when editing, these holes would be easily missed.
I wonder if this might be the cause of some of the "Black Frame" issues?
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