Thank you Sareesh for your reply! I appreciate it.
Though, I have learned that one shouldn’t edit native h.264 files. That those should be converted to intermediates (like Cineform or AVID DnxHD) for better color correction and grading. Isn’t this correct?
Also, from my experience Vegas does not speed up the footage to 25 fps, but doubles the frames and thus the output video carries this “ghosting” effect which I personally would like to omit.
Others suggest converting the footage with Cineform. Since it is “visually lossless” and ensures good playback quality in Vegas, it might be ultimately the best option. What do you think?