One of the new features in Captivate 5 are Effects. Krishna Kiran posted an interesting introduction to those effects in the Captivate blog. Here is the link:
Effects allow you to apply special formating such like dropdown shadows and bevel and to create simple animations without having to use Flash. In this tip I will show how you can adapt motion paths when using motion effects. It is possible to save customized effects and use them again in the same project or in another one. Once you have re-used a customized effect, it will be added in the dropdown-lists to a special category, labeled Custom. If you want to see the custom effect also in the Advanced actions dropdown list, you'll have first to apply it in a time-based version to an object.
It is also possible to reorganize the effects in folders, but this involves deleting the Preferences folder in order to have this reorganisation reflected in the dropdown lists of the Effects panel.
I created this demonstration SWF to show how to customize a motion effect, to save and to reuse it.