I put this video together over 5 years ago... someone wrote this week asking about Panasonic's Motion DV Studio, and it reminded me of it.
When my old Toshiba laptop died, so went the app which had come with it. I wasn't able to install it on another computer. You can see the kinds of special effects it let me do.
I'm hearing now that it comes with Panasonic camcorders... I downloaded the software but it wants me to plug in my Panasonic software to do the installation... and my camcorder is a Sony.