VideoStudio :: Key Framing Overlay Video

I'm trying to key frame an overlay video ( or picture) from a distorted position to another different distorted position. I tried Picture in Picture but that effect only changes position not distortion (well it can be distorted with rotating x,y or z but it does not give the desired effect). So how can achieve that effect

My second problem is that while the video (or picture) moves from one point to another point at certain positions I want that video become invisible. Again I tried Picture in Picture. Why picture in picture gives a black background? First I tried to remove that black background with chroma key but some parts of the video became invisible (because of black background). Since I defined a mask, I can not define another mask to specify invisible positions. When I tried mask frame for that video, the mask frame also moves with the video. I want the mask to stay where it is.

My last question is about texts. I want my text to move from right to left. There are lots of fancy text effects, but I couldn't find that one. There is one close to that one but the letters bends to one side.