This is not a codec issue, it's a WMM issue. I have the same issue when
I use WMM to import video directly from my HDV camcorder. WMM can't
even decode the HD video that it encoded itself. There was a hotfix
(sorry I don't recall the url) but it didn't work anyway. The clip
images show up fine but when you play them in preview you get the black
screen. When you play them with Media Player it's a green screen w/
audio. If you play the same clip 10 times it'll be black nine times and
work perfectly once. I've been working on this problem for about six
months now and I hate to say it but the only solution seems to be to
keep our fingers crossed that they fix it in Windows 7


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pimpmeister
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