I've noticed that during editing and after production of a project, there's a milky/faded quality to the video even thought I haven't changed any settings or anything like that. Is there a way to fix this?
Not sure if this is what you're referring to, but I have noticed a milky/faded quality to anything that is played back via Windows Media Player -- and it applies to any video, edited in any program. This lack of contrast became quite noticeable after a Win 10 upgrade some time ago.
This difference in the display quality is not evident within any video editor (Camtasia, Pinnacle, Sony, etc.) and is not seen when using other playback software; it appears to be unique to Windows Media Player.