Hey I'm familiar with how the VTB record tracks at half or even slower speed, then increase the speed while editing. I have a track that I recorded with fraps at 1/3 speed, and I was wondering how you guys are able to speed it up inside of Vegas AND render it at that speed. Thanks!

If you captured footage in 1/3 speed, you'll need to speed it up by a 3.00 ratio in Vegas. (1/3 or 0.3333 * 3.00 = 0.9999 ~ 1.00 which is normal speed).

The rendering playback speed is determined by what the playback rate properties for the track/editing are set to (there is no render speed option). BTW, if you're using Lock-On and slow things down with the ALT-A key, each key stroke slows things down in half, so the speeds would be 0.5x, then 0.25x, etc. This means you'll need to double the playback rate for half-speed captures (a 2.00 ratio), and quadruple it for quarter-speed captures (a 4.00 ratio) in the Vegas track properties.

Note: This doesn't in any way improve the time it takes to render a video. That still takes A LOT of time regardless! (i.e. a full day more or less)...

Yeah, I understood all of that. I was wondering exactly HOW you increased the speed within Vegas itself. But after hours of Google-ing, I found it under the keyword "Time Compression". Works like a charm on making your films smoother. Thanks though, LD .

I've found that recording at .25 and speeding up by 4 in vegas offers very nice results however it's very time consuming capturing and rendering the video.

In Vegas you can speed up any clip in its entirety by right clicking the clip and selecting properties. Playback speed is adjustable there and it doesn't require a time compression effect that will slow down render times.