Installing it places a new group called NewBlue Elements which consists of 6 plugins. They are Active Camera, Auto Pan, Background Generator, Cut Away, Reflection, and Tile. Cut Away allows you to magnify an area in your video and place it anywhere on the screen. This is similar to the Cyberlink fx magnifier and the NB Magnifying Glass but not the same. The other plugins also appear in the previous NB Video Essentials IV. All the plugins work in PowerDirector. I have not compared the updated features of them yet.
Someone else may want to post a review or compare them.