Vegas uses chroma keying, and it is a bitch if the footage isn't shot properly....which is about 40% of the time. It also has multi-cam editing, which is great for shooting music videos (assuming you can somehow find a 2nd camera, somwhere).
I am a die-hard Vegas fan. My brain just doesn't work with programs like AVID. They disgust me.
EDIT: I use Sony Vegas 9. I've never used Premiere, but you could always give it a shot. Whatever works, man.
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