In PRE7 you cannot drop transitions in bulk. I think this was added in PRE8 so can be expected in PRE9.
Here are some discussions about blurring faces, that can be equally applied to other areas of your video.
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No and yes, Brandon.
In version 8, Adobe added the ability to add transitions to several clips at once. In version 7, you still have to drop them onto clips one at a time.
The best way to blur a face (or whatever) is to use the Track Matte. I cover it in my new book, "Cool Tricks & Hot Tips for Adobe Premiere Elements." In fact, the sample chapter I posted to this page includes the how-to for using the Track Matte! If you like it, please think about picking up a copy of the whole book!
You can also learn a lot about the program with my free Basic Training for Premiere Elements tutorials, also available on Premiere Elements support site http://Muvipix.com (along with hundred of other tips, tutorials, custom-created DVD menus, motion backgrounds and royalty-free music and stock footage clips). We also publish a number of books that are available on Amazon.com and at the Muvipix store.
Here is a TUTORIAL on "burring a face," from an earlier version of Premiere. The look of the interface will be different for PrE, but the theory is exactly the same.
Here is a second TUTORIAL, and it uses PrPro - still, same concept.
Note sure if any are specific to PrE 7, but again, the concept is the important part, and the mechanics are secondary. Almost all versions of PrE and PrPro make subtle changes to exactly where everything is located, so even "old-timers," often have to consult the Help files (F1) to find where everything is now situated.
With Steve's tutorials, and these, I do not think you will have any problem "cleaning up" your wedding for "family viewing."
Good luck, and happy editing,
Thanks so so so so much