"
you cannot do anything to the time lapse until after its rendered"
That is not exactly the case. You can add any effects to the time lapse, such as
Zoom In and
Zoom Out. What is missing is the ability to position the image. If you had the NewBlueFX Pan and Zoom effect, you could position the image.
The best thing, though, is to batch crop the images in an image editor such as Photoshop before importing them into PowerDirector.
Gateway DX4380, AMD A8-5500 Quad Core 3.2GHz with ATI Radeon HD 7560D; 16GB RAM; 1 TB SATA 7200 RPM; Windows 8 Pro 64-bit; PDR11, PDVD12.