Hi
You can make a pseudo outline. It would probably work best for short titles and won't be perfect.
However...
Just create two identical texts...Say "THE END" make one in red and the other in green.
Place the green text on the main track and the red text exactly above it on the overlay track. The preview will now only show the red text as the identical green version is hidden underneath.
Now add a SCALE effect to the green text.
Make the horizontal value 105 and the vertical value 130. Play with the values a bit until it looks reasonable.

OK...It's not 100% as the spacing between letters is enlarged with SCALE but it might be a useful stopgap until NCH make the change, short of using a third party program to develop a PNG image as Borate suggests. You might also try different font sizes, or a bold font with a normal one etc.
Nat