Darel,
Is that delay still there when viewing a draft of your production, even after you've produced/rendered it to an Mpeg2, or Avi, or Mpeg4 production and viewing it in a Media Player?
I often experience the same stutters while working and viewing things in PD7's "preview screen". (This probably owing to being a little underpowered computer and graphics card wise.)
But once produced to Mpeg2, or Avi, or Mpeg4, and viewing a draft of my project in a media player, things usually look fine.
I've found that changing the resolution of PD7's "preview screen" to "Low", eliminates most of those stutters and freezes in the "preview screen". Then I can work virtually stutter and freeze free, as I work on and monitor my edits for the general things like duration, timing, syncing the start/stop of VO or music track, and those kind of overall "general" work flow type things that really don't require high resolution monitoring. Then when I get to where I may be adjusting and fine tuning "color correction" or "sharpness", or image "detail" things, I switch back to High resolution to monitor my changes to that one particular image or segment.
Now all of this may not pertain to your exact problem, but in general, I've found that PD7 (on my rig anyway) prefers it when you monitor your editing progress in Low resolution, because I guess it just likes it when it doesn't have too work that hard. And I can relate, cause that's something PD7 and I have in common, hahaha.
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