I then added a simple fade transition between each clip.
In the View menu / SVRT Information screen, it properly shows Green (no rendering required) for each clip (95%) and red (audio and video rendering required) ONLY for the transitions (5%).
When I actually go to produce, it skips over the first clip (as you would expect - so far so good) and then as soon as it gets to the first transition, it renders that (as expected) AND THEN THE REST OF PRODUCTION!
It does not skip over the rest of the clips!
Is there something I am missing?? (I hope...but don't think so)
I am changing to Power Director from Corel VSPX2 (which DID smart render correctly) but crashed a lot and the audio at each transition was choppy.
Thanks,
--Mark--