Boris RED will do what you want and it plugs into Vegas or works stand-alone. There is a downloadable trial copy on the BorisFX web site along with several really good tutorials to get you started quickly. If Boris RED is outside your price range, they also have Boris FX and Boris Graffiti which do 2D/3D FX and 2D/3D Text Generation respectively and are less expensive. Boris RED combines Boris FX & Boris Graffiti with even more capabilities. If you get RED it should do everything that Canopus Xplode did for you and more.
~jr
http://www.johnrofrano.com/
