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same process as you did at first
just your source will be a wmv instaed of a raw dv avi
i do not recomend this as you lose much quality and most likely unless for example: these wmvs are super hi rez and you want the output to be medium
as far as outputting them into anything other format than a wmv I can't really give advice but i would imagine that the quality loss issue will be greater
You can try it in Vegas and see what happens.
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