I've read a fair amount regarding how VC-1 is making great inroads into the post production industry as well as the many articles comparing it to H.264.
What confuses me however is that all the documentation I've seen (including SMPTE docs) indicate that VC-1 only supports 4:2:0 sampling. This is obviously not suitable for post work, nor higher-end editing, nor is it comparable to the potential 4:4:4 (10 & 12bit) offered by H.264. (Does VC-1 offer better sampling in the Advanced profiles at one of the higher levels)?
Can somebody correct me on this, or if I am correct, isn't VC-1 only really suitable as a delivery format?
At this time, VC-1 is only really suitable for delivery and off-line post work where color isn't a priority. While additional support for 4:2:2 and 4:4:4 are not on the immediate roadmap for VC-1, they are there and I suspect they will be implented eventually.