Hi John/Eric,
Thanks a ton for your replies! I really appreciate it.
1. Compatability: Flip MinoHD videos work with Sony Vegas Pro 8 (Thank God!).
2. 24fps film look: I did a test rendering and it was ok for static shots. Moving shots in 24fps look like crap! They are too jumpy. 🙁 So I have decided to take your advice and render it in 30 fps itself. As you rightly mentioned, I am not going for a video to film and so it would be irrelevant.
3. Input Match media settings: This is perfect. Thank you.
4. Output rendering format: I am sorry, I was not clear enough. I am not going to burn a DVD right out of Sony Vegas. I am planning to render the output as a file itself. DVD burning and final rendering will be done in a studio after dubbing and sound mixing. So please let me know the output format for maximum quality. I would like to give my file to the studio with maximum quality. What should be the file type, template, bitrate(??) etc.?
Please advise.