One minor weakness Vegas has is no included power tools to remove image noise directly. Yes, I know, some of the FX filters can blur or mask it somewhat but not really remove it. Sure you can use VirtualDub and there are several filters that work well with it, but sometimes you want more. I ran across this article while surfing looking for something else and thought others may find it useful too.
Somewhat biased but still interesting discussion of various applications that can do a pretty good job of cleaning up noisy video.
http://www.michaelalmond.com/Articles/noise.htm
Somewhat biased but still interesting discussion of various applications that can do a pretty good job of cleaning up noisy video.
http://www.michaelalmond.com/Articles/noise.htm