Thanks for the Unmult link. That is exactly what I was looking to accomplish without the plugin.
But, I’m not sure I understand the last post about alpha. If I compost a lens flare against a black background, the black background will essentially be pulled as an alpha key and when imported to, say premier, as long as it was compiled +alpha, premier should see that alpha and only display the lens flare. Is that right?
This still doesn’t solve the problem of a multi layer project that I want a lens flare on say layer 3, If I create a new black solid layer on layer 3, and change the mode to multiply, it darkens all other layers below. It sure would be nice to not have to pre-comple the lens flare (or other effect for that matter) before being able to apply them as an effect on a transparent layer in a comp. But that’s just the AF workflow, so no biggie, I’ll work around it.
Thanks for the insight!!