Your comments

On the pinch, I want tot be able to enlarge something by pinching, it doesn't sound like this will be possible in wire?
I noticed an onhover event. How does one hover with iPad?
I'm sorry for not getting to this sooner, but I just tried this out and it is still not starting at the point I specify even using your m4v file.
I could grey out some text this way, but I couldn't make it blurry.
So the bottom image will be some text blurred out. The masked image that sits on top of it will be the same image with text, but not blurry, so as you move the mask around, it looks like the image is becoming clear.

I think what you are describing is having an image and then on top of that another image with some transparency and I would move that image around, but I don't think that will achieve the effect I am looking for.
That doesn't sound like it would work if I want to achieve a blurred-edges effect.

What I want to do is have an image on the bottom, then a masked image above it where I can move the mask around the page. And I want the edges of the mask to be blurry.
I just uploaded the new video and I'm experiencing the same problem with both of my videoconrol actions using seekto. Neither one starts the video at the time I intend.
Maybe you could add that to the documentation?
OK, I finally got this to work. I noticed that I couldn't use an alias when I was calling the texttemplate element.

So this worked:
<assign property="object:TEXTGOESHERE.html" value="[template:mycontent.content]" />

but this didn't:
<assign property="object:TEXTGOESHERE.html" value="[template:MYCONTENT.content]" />