It's funny you blog about this today as I had to google to find out that a video editor shipped by default on ubuntu does not support video effects, lol. I tried to click anything anywhere, read the help file, .. I couldn't believe it was not in there.
I'm used to Kdenlive which is quite featureful but I was forced to try something else as with my current packages (opensuse 11.1) it somehow does not work anymore.. Guess I'll wait just a few hours for suse 11.3 and do a reinstall