I shoot with a V1 also for the last 1 1/2 years and I shoot just alittle different ending up with 30p, I shoot 1080i and capture my interlaced clips with cineform either set to high or filmscan, and let cineform deinterlace only, move it into Vegas on a 29.97p timeline and render out as mpeg4, here is a clip let me know what you think,
http://www.hughmobley.com/arboretum.html
now, here is a clip I shot at 30p edited it at 30p in vegas, and you can see the difference, especially when the camera is panning, alot of motion blur, etc. I am not happy with this at all.
http://www.hughmobley.com/queen.html, this one was done as wmv but it still shows the blur when I render it mpeg4, I have all but given up shooting 24 or 30 p unless the situation is very controlled, and then I might not. changing it to progressive on the timeline has worked better for me. When I make a dvd I am getting exceptional dvds doing it this way. I play my dvd.s on a hd 720p tv and they are very good this way, but couldn't with 24 or 30 p stuff from the camera.