I want to isolate my subject and place it onto a different background. Is it better to do this in Photoshop, or is there a reasonably simlpe method by just using Vegas? This includes stills, as well as video.
In Photoshop, you can use something like the extract tool to cut the subject out (or the magnetic lasso or whatever). The transparency/alpha should carry over into Vegas.
In Vegas, there is bezier masking under the pan/crop tool. It's not as powerful at PS.
If the video is moving, I wouldn't touch it with a 10-foot pole. ;) You'll need to rotoscope the footage, which is a time-consuming process. Silhouette Roto might help automate the process.
Just search for "difference Masking" on www.vasst.com to find it.
I wrote a tutorial about it a little while back, it's not simple, but then again - depending on what you're wanting to do, you aren't doing something too simple. Good Luck
... and he wrote the tutorial in part to help me. Look for difference masking under my name. It was back in January or February, I think. If you have the camera on a tripod, and if you have a shot of the scene without anyone in the scene, and without any movement, then this technique can work almost as well as a green screen. Well, that may be a little strong, but it does work surprisingly well.