thorr said:

You definitely want to encode it to 23.976 frame rate dropping extra frames from your 30 fps capture. You may also want to encode it to 1280x720.

Just to clarify, I didn't do a 30fps capture. I captured frames one-for-one into a .avi file with a DV codec. When played back, I think that a player is going to assume that it needs to be played at 30fps, so it appears too fast. Thus I don't need to drop any extra frames. (note, there are extra frames in the posted demo, because I added them after capture... but I won't do that in subsequent versions).

I've got the width stretching properly to 1280, but I'm not sure how to encode the height to 720 so that it adds black bars. Right now I'm encoding the height to 480 (i.e., leaving it as-is), and luckily VLC and GOM are adding the black bars on playback. But I'm not sure how to add them in the context of using xvid4psp for resizing. Should I resize the height to 720 in Vegas first, and then stretch the width in xvid4psp?

By the way, everyone, try out GOM player. On my 58" screen, with this clip, it does a better job than both VLC and WMP.