CyberLink PowerDirector 7

Does this new version allow for the most basic of video editing: mixing two camera shots of the same event (like a concert) to sync to a single audio track, be it the track from one of the videos or a separate audio. Of course, without a professional time tracking codes, a really fine job would be impossible. But "good enough." This would entail being able to see the multiple tracks playing at the same time or perhaps syncing to the wave form of the two audio tracks. So many of these mid level video editing programs give hundreds of transitions we really don't use. PIP isn't IT, exactly, though I imagine if I enlarged the area of the PIP to fill the entire screen. The other troublesome element of this, which I found using iMovie (and it was just alternative shot), is if you cross dissolve to the alternative track, it layers the sound as well, cross dissolving both shots visually and audiowise. One wants to keep core video going, always in sync with the audio track, and then play with two-track cross dissolves above it. Who really needs PIPs to do cartwheels and float around, when this basic video editing element is missing. Or IS it on this program? Possible?

No one else ever commented on this one? Carol has described EXACTLY what I need to do. I currently have V6 and am struggling a bit. Does no one have any suggestions?