If you specifically want the modern evolution of Vegas, MAGIX offers a of Vegas Pro. Paid versions start around $199 (with frequent sales). Educational discounts are available.
While Sony Vegas 7 is a powerful video editing tool, it's essential to approach software usage with an understanding of legal and licensing considerations. If you're in the market for video editing software, exploring current options and their pricing models can provide flexibility and ensure you're using software legally and safely. Sony Vegas 7 Serial Number