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I would create a Freeze Frame of the last Frame from Clip A, and the first Frame from Clip B, and set their Durations to 15 Frames (0.5 sec. for NTSC), then apply the Transition between them.
The creation of the Freeze Frame can differ a bit, depending on the version of PrE, that you are using.
Good luck, and let us know the version, so someone can give you specific instructions, if needed.
Thanks for the quick reply. I'm using an old XP machine with PRE 3 (hey, could be worse -- I have PRE 1 on the same machine!). Also I have PRE 9 on a newer Win7 machine, but want to stick with the old templates.
The freeze frame was kind of what I was looking for, except in the wrong place -- I was looking in properties, etc., and missed the big button right above the monitor window. I tried it like you suggested, and got "Adobe Premiere Elements has encountered an error. [\pre\Libraries\UIFramework\Src\Window.cpp-267]"
Given the error, I've decided to make do using a slide transition and varying the start point, duration, and percentages. If you know what the error is off the top of your head, I'd be interested, but otherwise am okay.
I am not familiar with that error message, but these threads in the ElementsVillage forum, might help: