Comments

Eugenia wrote on 5/8/2008, 3:06 AM
You create a transparent image of a circle with an image editor, and then you add that transparent image on the video track above of your picture.
MSmart wrote on 5/8/2008, 8:18 AM
It's much simpler than that.....

Media Generators > Color Gradient > Eliptical Ring. Play with settings to get color, shape, feathering. Use Pan/Crop to size and position the ring.