This was an option in older versions and is currently the main reason why I am still using PowerDirector 8. If you are watching a video in PD8, you can click on the slider bar under the video and then use the scroll wheel to skip/fast forward through the video 1 second per scroll. It's an amazing convenience and makes my job a lot easier. I currently use PD8 about 40 hours a week. And there's 5 other people at my office that use it just as much.