VEGASVIDEO.COM
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The consumer level Vegas Movie Studio version (formerly titled VideoFactory and Screenblast) shares the same interface and underlying code base as the professional Vegas version, but does not include professional features like advanced compositing tools while 24p editing support is only official with Sony Vegas Pro. Previously, Vegas could be purchased separately from Sony's DVD and Blu-ray Disc authoring suite, DVD Architect Pro (previously called DVD Architect; DVD Architect Studio is the consumer version), as a package called 'Vegas + DVD'. With the release of Vegas Pro 8.0, both DVD Architect Studio Pro 4.5, Vegas Pro 8.0, as well as Boris FX LTD and Magic Bullet Movie Looks HD are bundled together and may not be purchased individually.
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Sony Vegas is a non-linear editing system originally published by Sonic Foundry, now owned and run by Sony Creative Software. It is designed to be used on Microsoft Windows XP and Vista. In April 2007, Sony along with AMD jointly demonstrated a soon to be released 64-bit version of Vegas running on 64-bit Vista. Originally developed as an audio editor, it eventually developed into a NLE for video and audio from version 2.0. Vegas features realtime multitrack video and audio editing on unlimited tracks, resolution independent video sequencing, complex effects and compositing tools, 24-bit/192 kHz audio support, VST and DirectX plug-in effect support, and Dolby Digital surround sound mixing.
Released on September 10, 2007, the Vegas Pro collection combines Vegas Pro 8.0, DVD Architect Pro 4.5, and Dolby Digital AC-3 encoding software to offer an integrated environment for all phases of professional video, audio, DVD, and broadcast production. These tools let you edit and process DV, AVCHD, HDV, SD/HD-SDI, and all XDCAM formats in real time, fine-tune audio with precision, and author surround sound, dual-layer DVDs.

    * Vegas was the first NLE that allowed you to put a variety of formats on the timeline and just edit them. Other NLEs would require you to render or "conform" these down to a single format. Vegas Video 1.0 had this in 2000. Final Cut Pro got this feature in 2007 with FCP 6.

    * Native 24p editing was first made possible in Vegas; more than a year in advance of the competition.[citation needed] In 2003 when the 4.0b update was released, Vegas users got HD editing support and 24p support for free.

    * Vegas was the first NLE with "serious" audio tools, such as integrated 5.1 surround mixing, 24-bit/192 kHz audio support, and ASIO driver support.

Vegas started life as an audio-only tool with particular focus on rescaling and resampling audio, making it arguably a leader in its category with substantially more sophisticated audio tools than any other NLE.

Vegas was among the first NLEs to embrace HDV support both as native TS files and through lossless transcoding tools such as Cineform Connect HD. It is however notorious for crashing when using HDV video files.
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