hi aggain, i need to tell you to add watermark in SV is much easier then WMM.
1. open your SV and add movie or somethink
2. make your watermark (picture)
3. add this picture to your movie (just drag it on timeline)
4. Press event pan/crop... (picture)
Now just resize it on size of your opinion.
And now just place it where ever you want (in event pan / crop..)
5. you're done
easy uh? if you don't understand me just tell me and i'll make video tut