I frequent a DV forum where threre is a thread asking about software to use with MicroMV. All I know about the format is that it's MPEG-2 compressed video, which I assume once it's in your PC can be edited with Vegas (yes?).
The difficult bit seems to be capturing from the MicroMV format in the first place, with only a couple of programs able to do it.
So I'm itching to jump in and say that Vegas is compatible, but I have no way to test it. Anyone know?