I've been using VP since v1.0. I'm having terrible problems with v22 build 239. First, it takes about 5-10 minutes to load. The rendering is extremely slow -- much slower than I've ever seen. I'm on a Win11 machine with an NVIDIA GeForce RTX 3080 and 64G of RAM. Once open, I can edit without problems but the slow rendering is a killer. Doesn't matter what render profile I use. Yes, I set the preferences to use the RTX3080 card to render. I've been using Vegas Pro for many years. Never seen this problem.
I'm now rendering a 1080 video, 5 minute length. Here's what my render data shows: