If Vegas Video 3.0 is using MPEG-2 clips with NO effects, etc, and if it is re-rendered to the identical format, will it re-encode/recompress with a quality loss?
I can understand if I add effects, fades, etc, but what about if Vegas is just being used a splicing tool?
My reason for asking is I want to store alot of DV footage on a hard disk for a long time and eventually edit it to a DVD. MPEG-2 would be nice for the long-term storage because of space.
Mike