2. Use timelapse feature on your camcorder (if it has one). Usually this takes one second of video every 30 or 60 seconds. This isn't real timelapse, but you can use this script Timelapse Script to extract exactly one frame from each of these one second sequences.
3. You can just let the camera grind and then use Vegas to speed up the footage. For extreme speedups (like 100x), you may have to speed up as much as Vegas allows, then render to a new AVI, and then bring this AVI back into Vegas and speed up some more. Actually, you can save the VEG for this sped-up AVI and then import that VEG into another project, thus avoiding the intermediate render.
Of course if you are simply wanting to use still photos, you can import an image sequence, or just put them all on the timeline with a little crossfade between them.
This is useful stuff ! so this comes with ultimate s pro?
Couldn’t you set properties in playback rate to 250 and under sample to 250 . what are good settings to remember for this? What have you found to be affective this way?