Thank-you lancecarr,

I finally got around to experimenting with Vegas and it works like a charm. I used the "File/Import/DVD Camcorder Disc" command and Vegas imported everything, converted it to MPEG and separated it by chapter.

However, this only seems to work when importing directly from a DVD. I tried to import only a VOB file stored on the hard drive and Vegas couldn't see it. I then tried the "Import Media" command but apparently it only imported but did not convert the VOB file. Therefore, I assume that Vegas needs the IFO file to know what to remove from the VOB file.

Do you know if there is any way to use Vegas to convert a VOB file that is orphaned from it's IFO file?