Hi
Yes, I can see what you mean. I have a feeling from some previous tests that there might be some problem linked to the rendering of the video track and the overlay track as separate tracks (might totally wrong though) as I have found something similar happenning with overlay text not being exactly where it was originally placed. This seems dependant on the chosen output.
With your "split screen" (which works actually rather well) I think you have to make certain that the overlays are in the correct order top to bottom and they are scaled exactly to the display video. This is especially phaffy as their size does jump in quite large increments if you are not careful.
I also think its a good idea to do a very short test sequence using the expected settings just be certain it's going to work.
Nat