So, I'm having trouble with the stabilizer of Vegas 11 retaining settings after I save and reopen a project.
Apparently this is a documented problem.

I'm wondering, is there a script or something that can render out a clip I applied effects to, and then replace the original? Maybe set it as an alternate take (press t to toggle)?

I recall a deshaker script that worked similar to this, however I don't want to use deshaker, as I like Sony's stabilizer better (and it keeps the file in HD so I can zoom around in my SD workspace).