Okay, here's one for you. I found a clip on the web that I downloaded and tried to play back -- it's a PAL QuickTime .mov, shot at 25P. Playing back through my deck in PAL mode, it crawls along at maybe 20 frames per second.

If I export the clip as a .AVI, re-import the .AVI and play it back, it flies along cleanly at 25.000 fps.

Is this something endemic to Vegas -- that it just can't play back QuickTime files as fast as it can .AVI's? Or (more likely) am I doing something wrong? Converting it to .AVI means it takes a generation loss to re-render it, I'd rather be able to play it straight from the timeline...