Can I create this effect in Vegas?

I know I can create shake manually with pan and crop and keyframes, but maybe there is a more precise way. I also kno I can create blur by gaussian blur, but what about some kind of motion blur during the shaky text transition?
 
I believe most of that stuff is from Andrew Kramer over at Video Copilot.

Most of his work is used in AE but i have used some stuff in Vegas before. I don't know if all if that can be created in Vegas but I think its worth a try
 
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