[Steven Talley]

Are you using the latest version of Vegas 8? If not, get it.

[Steven Talley]

If you haven’t figured it out yet, try
http://www.videohelp.com for tools, how to’s and forums.
In there Tool’s section there are a lot of freeware and trialware that may do what you want.

[Steven Talley]

If your using an internal sound card or motherboard sound in the computer, first open the windows sound mixer (in XP it’s in the Accessories tab from the Start button) and pick the internal playback source in the record tab inside the Options menu and choose Wave Out, Mono Mixer or Stereo Mixer or something similar. It could be any of these, and you only need to pick one. Then run Audition and set up to record a new file and lastly browse to the source you want to record. Start recording in Audition and move to the browser and play the file. Stop Audition after playback is done and edit or save.

If your using an external sound card or a USB or Firewire interface you should have access to the software mixer or software interface for the device in the computer. Set for something similar to Monitor or Monitor Playback.
Then set Audition’s Audio Hardware Setup to use this device for input. You should now be ready to record.
Good Luck
ST

[Steven Talley]

Did you see these?
https://www.mackie.com/support/downloads/discontinued.html

and try this
https://www.sonycreativesoftware.com/dl/dl.aspx?dwnid=211
It’s for Acid but Vegas is pretty much the same interface.

[Steven Talley]

Actually Audition 3 will work with multiple input interfaces. This may be true for older versions also.
You just have to activate them in the Audio Hardware Preferences and inside the Control Panel (a button inside the Audio Hardware Setup window inside Audition).
Put X’s in the boxes for all devices available then in multitrack you pick the input line and device for each track you want to record to.
I tried a couple of USB input devices and it worked fairly well but latency seems to be a problem in using more then one device for recording. Realigning the tracks to match up helped.

As for your problem of not being able to talk to the caller. Maybe you should try using Skype over an internet connection and forget about using a phone.

[Steven Talley]

google side chain compressor and Sony Vegas, ducking is what you want.
https://en.wikipedia.org/wiki/Ducking

[Steven Talley]

What!!! You weren’t able to talk to the person on the phone while recording during your first try?

[Steven Talley]

I’ve had some success in removing some reverberation in an audio file with someone speaking by capturing some of the reverberation noise and using it as a noise floor and applying it with the noise reduction effect under Restoration.
You would need less then half a second of the reverberation sound alone for this to work though. Maybe before they started playing you have resonance in your recording that could be used.
What you don’t want to capture is any of the music as this will color the sound by removing parts of it.

Good Luck.
Steve

[Steven Talley]

You might try 2 instances of Audition running at the same time using a different interface for each!

[Steven Talley]

You could also render out the 6gb DVD file and use DVD Shrink on it to lover the bitrate to the exact file size you need. It’s quick and painless and may offer enough quality to get by.

My general rule of thumb for bitrate’s for DVD-5’s are 4k average for 2 hours, 6k for 1.5 hours and increase the top bitrate so complex material can have enough to look good.

My 2 cents.