Watermark location on RZ DVD Creator?

I know that on the free version of RZ DVD Creator that there is a watermark on it. For those who have actually used the free version before, is the watermark in the middle blocking the video or is on the side where you can still see the video? It sounds like a really good program, but I'm only trying the free version.

Where is the location of the watermark?
 
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The watermark will display in the middle of the screen... It's also about a 14-16 font so it makes it hard to watch the movie with there watermark.
 
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