Best I can tell is Studio 10's closer to Nero 7 than anything, it came with my video capture device. Intrusive, ugly or not is beside the point. I want to know how you make one, not what people's opinions are of the things.
Krisqo: I think it does have something like that. There's a place for text boxes, I might be able to import the watermark into that.
EDIT: Your idea worked for a titlecard, thank you.