From the comments / feedback of Eugenia and others and with the generous help of Eugenia in particular, I've made my first Vegas Movie Studio clip.

It's a shorter and 'tighter' version of a previous post: vimeo.com/679184

It wasn't easy (being new to video editing and all) but I think the final result can hold its' head high :)

I followed Eugenia's tutorials:
eugenia.gnomefiles.org/2007/09/19/crash-course-on-sony-vegas/

and

eugenia.gnomefiles.org/2007/11/09/exporting-with-vegas-for-vimeo-hd/ (I used the 2a option).

I've made the footage a little darker and added some contrast - plus added a little 'sharpness'.

Hope you think it's an improvement, since I spent quite some time on it... :)