Watched that movie, and didn't hear anything about adding reflection to a text IN Captivate at all. When you look at the timeline displayed in that video you'll see only the slide timeline and a click box at the end, due to the fact that user clicks were chosen (instead of automatic advance) when importing the PPT. Everything created in PPT is now imported in a better way, but still only imported as a movie slide, with eventually the click box mentioned before. Indeed, it seems you understood something else.
Lilybiri