How do I change the Speed of a PiP Effect?

Slow motion or fast motion effects can grab your audience's attention as well as break up the rhythm of a movie.
To change the speed of a PiP effect, do this:

1. Select the PiP effect video clip that you want to modify.
2. Click Speed. The speed option panel opens.
3. Drag the slider to set the new speed (between .1x and 10x).
4. Click Close to close the option panel.