60GB should be fine for 1.5hr of footage...on average, one hour of raw video will be ~12 gigs
Vegas shouldn't be compressing the footage on capture...
maybe their talking about its compression codecs when exporting for authoring?
i capture to .dv, which is a "raw" video format...you'll adjust the preferences to the format you recorded in [i.e. NTSC 4:3, etc]...
--you can also set the "clip size" and limit it to capture 10 min clips, or 30min, or unlimited--for a live show i usually set it to unlimited just to make sync easier...
--disabling the "video preview while capturing" can help alleviate dropped frames, glitches, etc.
--having a decent amount of RAM is important...i'm guessing Vegas is like FCP--a minimum of 1GB, but 2+ is even better
--and of course, its best to not have other progs/processes running in the background while capturing
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