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We upgraded from PowerDirector V9 where we had a number of other content installed – for example we had a number of titles (e.g. solo fall, glow, glitter, fade, etc) that are no longer on the list.
I ran into a very similar problem, finally figured out what I think happened and have been meaning to post my solution here. While I don't have my notes with me and may mis-state some specific details, hopefully I can convey the gist of it.
I believe the PD10 upgrade is supposed to write itself into the existing PD8 or 9 install directory. If that happens I believe the user keeps everything they had before (except the ability to run the previous version of PD).
Mine, for some reason, installed into a directory named "Powerdirector 10". Admittedly it is quite possible that I changed the install directory during install (simply because the install program allowed me to). As a result, anything stored directly in the original "Powerdirector" directory did not show up in PD10, while stuff in a Cyberlink "Common Files" directory was still there. If you're using the Ultra 64-bit version, the program files will be under "Program Files" while the common stuff is kept under "Program Files (x86)".
The fix for me was basically figuring out where the Titles, Effects, etc. were stored in the original "Powerdirector" program directory, and copy them over to the same locations in the "Powerdirector 10" directory. This has restored about 95% of whatever I had before, very importantly including the original 2D Title Manager (with associated text centering/positioning controls).
While this isn't exactly a step-by-step description, with any luck and a little detective work it should help get you where you want to go.