1 person found this helpful
You can do it very well in Vegas Movie Studio HD 11 though, if you're interested.
Nope, there are some 3D transitions and 3D effects. But you wont be able to create a full 3D video using this version of PRE. Not Yet...
Over on Muvipix.com I posted my method for creating 3D anaglyph videos from regular 2D pictures and photos in Premiere Elements 9. http://www.muvipix.com/phpBB3/viewtopic.php?f=89&t=9522&p=84181&hilit=anaglyph#p84181
Please know that I use other software for easily creating 3D video.
Creating side-by-side video should be easier. That's just a picture-in-picture composition.