In the preferences box I can set "Enable AMD Accelerated Parallel Processing" but the "Enable Hardware Decoding" is greyed out.
On the Produce screen all the acceleration options are greyed out.
My hardware spec is in my signature below. PowerDirector 12 Build 2420
Windows 7 Home Premium SP1 64 bit
Dell Studio XPS 7100 AMD Phenom II x6 1035T 2.6Ghz with 8 Gb RAM
ATI Radeon HD 5770 video card graphics card
Hauppauge Colossus capture card and "Capture" software