Sony Vegas error, please help?

Envee

New member
I have been repeatedly trying to render a video using Sony Vegas, but every time it comes up with "Error 0x70060020" and refuses to render it. Or, it will tell me the system is low on memory, when I KNOW it isn't, i've taken extreme measures to reduce memory usage. I have 3 GB of memory, I should be able to simply render a video on Vegas.

What is this error, and how can I fix it?
 
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