I also have both and have asked this very same question. Unfortunately the answere is no....So what I do is one of two things.
1. I create the FX in the Hollywood FX Easy Editor and save it. Then open up Pinnacle and create a solid black full screen title. Then I find my saved FX in the transitions drop down menu and drop and drag it completely over the blank title. Render to MPEG-2 then import it into Vegas.
2. If it is a simple preset Hollywood FX you want to use from the Pinnalce transtions list, just insert your clips or images on the timeline, choose the Hollywood FX transition you want to use , and render to MPEG-2 then improt into Vegas.
Open Premiere and create your effect. When you render choose the Satish frame server. Now (keeping Premiere open and the frame server running) open VV and your project. Just imoprt your new media - the frame served sequence from Premiere - into your VV project. Edit and render as normal. When you're done, stop frame serving and close Premiere.
One of the plugins that Hollywood FX comes as is an After Effects plugin. Boris Red 3GL can use After effects plugins. This means you can add a Red 3GL as a Video FX within vegas, then use the Hollywood FX within Red 3GL.
I've quickly tested this and it seems to work fine.
I know this is an old post i am bringing back to life, but I finally purchased Boris Red and I was wondering if anyone knew how to use Hollywood FX as a plug-in as Standish suggested. I haven't installed Boris yet so detailed directions would be very helpful. Itwill be nice to use Hollywood FX again, for some of its 'cheesy" effects.
They may seem “cheesy” but the I use the HFX wedding album effects every year when I do a video yearbook for the local school. I place the school yearbook cover as the front page and I use the page turn between the three major sections of the video. It really helps support the “video yearbook” theme.
Unfortunately I can’t afford Red so I have a procedure where I overlap my events in Vegas, then I cut them and bring them up a track and remove the overlap and render just that section. Then I bring them into HFX and I make the overlap again, render to AVI and place that AVI back in the hole I made in the Vegas timeline when I cut the original clips out. It’s tedious but it works.
I would love to have HFX as a plug-in to Vegas but it’s never going to happen unless someone writes a Premiere plugin adapter. I assume its technically impossible or else someone would have done it already.
my comments about 'cheesy' were actually a joke. I am always reading comments about people making fun of transitions and how they are used. "Simple is better".... I think comments like that are humorous. Bottom line, what I think a lot of people forget, is know your audience.
Standish stated that he was able to install it as a plug in for boris red so I was hoping he would give specific instructions on how he did it.
I guess I'll ghost my machine and give it a shot.