oh! you can watermark in Premiere too...just make a title. (create>new>title...or something like that. It's under Files) I normally find that too annoying tho, because it means re-rendering everything back into green. Unless, that is, you don't render at all? I have a 40Gig harddrive too...tho most of my vids-in-progress are movies...and I barely have any songs on it...