I guess I am not alone in needing a reliable workflow to take my edits from Vegas into AE for VFX, color correction etc.
I haven't had much luck using Vegas EDLs or AAF files, so I got interested when danyx at the Rebel Cafe forum offered to develop an AE script to split a rendered video edit based on its EDL.
Anyway... I've tweaked danyx's script so it specifically handles the .txt files available from Vegas' "File>Save as..." option.
With VP8 smart render this means you can bring in one rendered file which contains all the frames of your edit, copied directly from the source footage with no recompression... and split the file back into its component cuts for work in AE.
I hope this makes sense... if you want to try out the AE script it is here...
http://www.storitel.com/public/EDLSplitter