I don't work on video editing much, but I believe it's pretty much impossible to get what you were trying to achieve. These filters/effects just take a really big toll on a computer...I've seen this happen when my girlfriend, who has a pretty beefy computer herself, adds a few effects as well.
I just googled if Vegas Pro supports hardware acceleration : http://www.sonycreativesoftware.com/vegaspro/gpuacceleration
This might be something worth looking at for you, as a GPU can handle these things better (in some cases anyway) than a CPU.
Edit: Maybe Intel Quick Sync can help you out as well...is it enabled? I think it's even faster than using your GPU with rendering but maybe thats not exactly what the preview is doing..sorry if I dont know everything but no one has responded to your thread yet so I thought I'd at least give you some pointers
Let me know if it improves
I just googled if Vegas Pro supports hardware acceleration : http://www.sonycreativesoftware.com/vegaspro/gpuacceleration
This might be something worth looking at for you, as a GPU can handle these things better (in some cases anyway) than a CPU.
Edit: Maybe Intel Quick Sync can help you out as well...is it enabled? I think it's even faster than using your GPU with rendering but maybe thats not exactly what the preview is doing..sorry if I dont know everything but no one has responded to your thread yet so I thought I'd at least give you some pointers

Let me know if it improves
