For some unknown reason when I opened my project in Vegas 5 it took it upon itself to change (move) my customized event pan and crops for a portion (rather large portion) of the clips in my project. Just thought someone might like to know, since I have no idea why it did this.
It sometimes does this for me too. It seems like it happens when I'm opening a V4 project in V5. It will Pan/Crop into the upper left hand corner for some of the events. It's really annoying. I thought I was the only one. Not so glad to find out that I'm not. Hopefully this will be on the 'to do' list for the next update.