Make sure that the option “Do not quantize to frames for audio-only edits” is checked (Options > Preferences > Editing). Alternatively, turn off Quantize to Frames option (Options menu)
Have you tried Sony Vegas? 🙂
I think it upscales much better than downscales.
There are also 3d-party plugins for SVP available, such as BorisFX Uprez
> “I am aware of Vegasaur, not really the same look”
Text Generation Wizard can convert closed captions to open captions using the selected text preset. You can create your own preset with desired feel and look (font, size, position etc.)