I avoid obsolete effects because this means that in a future version the effect is gone and I will get an error when opening an older project. Hence I couldn’t do changes and reexport it because of the missing effect.
Your answer is still very helpful, I am going this path for now but will have to find a better solution in the future.
For context: I film people presenting a power point presentation. Because it’s difficult to read whats written on the projector, I export the power point to JPEG images and then overlay them in my videos. So the viewer can much better read whats written and it looks nice. However, ever so often the presenter puts his hands in front or walks in front of the screen and in order to avoid rotoscoping I use this difference effect. It is working and looks good, but my current setup of double-nesting and several effects is quite a brain knot. I am looking for a simpler solution.