[Mike Kujbida] ” did a search of “DVCPro HD” on the Sony Vegas forum and came up with the following that may be helpful.
Take a look at the products from DVFilm, specifically Raylight & Raylight Decoder.
Demo versions of each are available.
Good luck with it and please let us know if it works.”
Correct, Raylight DECODER will allow import and editing of
DVCPROHD quicktimes in Vegas.
For going the other direction, you would need the other
Raylight product, DVFilm Raylight, and export a Raylight
AVI from vegas. This can then be converted into an MXF file with
P2 Maker (a utility included with DVFilm Raylight). The MXF
file is then importable into FCP.