... at least as near as I can tell.  I can't get a watermark to appear on my files. 
Using 5.0.13444 on OSX 10.8.2
Kirk - I don't think I can use PM4 as a workaround--I still have it installed, but if I recall correctly, it does not recognize crops from PM5, and I'm not sure what else I might run into in doing this.  Please advise. 
Thanks!