Hi,

I am trying to edit a video that was taken on Sony DCR-SR45 camcorder. I am new to Vegas as well as video editing in general. I see the video fine on the timeline but the audio does not appear. When I play the Mpeg-2 file on the windows media player, the video and audio are both fine. Any help in this regard will be greatly appreciated. Thanks

Looks like you're not alone.
It's not clear in this thread http://www.videoforums.co.uk/sony-ve...-no-sound.html whether the proposed solution worked, but you might like to take a look.

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Tim