I have used Magix Movie Edit Pro in the past; I suspect MEP is the consumer version of Video Pro.

It's paradigm is much like the Vegas one - transitions are made by overlapping clips. It was very easy to use. However, like Vegas, there were issues the persisted between versions. For instance, slow motion resulted in field reversal for interlaced footage.

Keyframing was awkward, too.

I would certainly consider Magix again should I ever feel the need to move away from Vegas.

I have been using Magix Video and Audio products since 2004. I really like the intuitive nature of their programs and they are powerful. VideoPro X (now 6) is Magix's attempt to work into the professional market. I believe they recognize they have some catching-up to do with Sony, and they are priced smartly at $399. It's perfect for the individual, but I think where Magix falls short is the very complex projects that production companies would undertake.

The reason why I'm now trying Sony (Vegas and Soundforge pro), is to compare workflows with Magix and since I'm making more complex films, I want to see how Vegas does. I had a corrupted project file with Magix on a 38-minute film and although I back-up wit a new file name each day, there was some piece of media out of the 200+ elements in the film the software didn't like.

I'm struggling with Vegas a little (not as fluid as Magix editing), but admit I haven't trained properly yet either.

Magix is worth a look and they have serious professional audio software also.

I considered ProX5 as an alternative to Vegas. Liked the interface and operation, but found it more unstable than Vegas: basically unusable. YMMV. Still keep a copy of the consumer version (Movie Edit Pro 2014) around, does a few things that Vegas doesn't.

I tried Magix Video Pro X4 for a while, because of its claimed smart render of AVCHD. I found that such render was buggy and raised a case with Magix. They said that the encoder was made by Main Concept, but they could not reproduce my fault, so they did not pass it on.

I found that the editor was generally adequate for my straight forward needs but that the disc authoring was a bit clunky.

I asked much the same question as you some time ago.
http://www.sonycreativesoftware.com/forums/ShowMessage.asp?ForumID=4&MessageID=827246

Thanks for the replies. Personally I'm happy with Vegas and Premiere CS6 (when necessary). But I've been keeping an eye out for something to replace Premiere if Adobe doesn't eventually back track on their "subscription only" mantra.