Thank you Jude! That was exactly what I was looking for! Not quite the same effect as FCP7, but it will do.
I am still trying to figure out which way I am headed here. Bought Adobe Premiere 5.5 as I had previously used PremierePro before converting to Macs and FCP, and i had always enjoyed it. Only problem now is that my Matrox MXO2 isn't playing nice with Premiere. They;re still working out some bugs. Anyway, figured I would give FCPX a try on this little montage project and see what I can learn. I really don't want to go back to Avid..