Hi Ken,
I wouldn't think so given that the most inexpensive stand-alone form of CineForm is already higher in price than the software itself. I would expect it to be included in the more "professional" editors, since they are also "priced professionally".
Then again, IMO, editors don't need to really deal with it other than just editing it. I was just curious if VS actually accepts the CineForm stream, as is, into the timeline, and can just simply smart render the result. It looks like it does indeed.
As long as VS can do this I could care less about the pre (capturing, converting to CF, etc) and the post (encoding the result to CF, or another format from CF), which can then be best left to other means or stand-alone apps, AFAIC. I bet even the free VirtualDub can be good enough through the VFW interface given that it also comes in AVI. Or even frame-served through AviSynth with the YV12 color space conversion in the script.
Acquire CF -> VS only for edits and smart render -> Encode it
As long as VS can accept, edit and smart render the streams, we're in business.
As far as keeping the "source", I would just keep the finished CF before the encode.
Also check this out:
http://www.cineform.com/products/NeoScene.htm#Specs
Only $129. I can't imagine VS not accepting these AVIs containing this format after reading that other thread.
(Been doing alot of reading before investing as you can imagine...

)