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Sorry for the delayed response on this.  We are releasing an update today that hopefully will fix this issue.  We were not able to replicate this problem over here, so we are not 100% certain it will be fixed.  Let us know once you install the new version if the problem persists.  For now I will mark this as "Fixed".
We do plan on having every feasible action become "undoable" in future versions.
Right now you can only rotate a triangle by any specified number of degrees.  We absolutely plan to add that rotate ability to rectangles and squares in the "near" future.
We are definitely planning to support more vector based graphics in future builds which will include the ability to essentially draw your own shape and potentially take existing shapes and manipulate them in different ways.
That is a nice idea. Thank you for the feedback
Hi Charmaine, thanks for noticing that, coincidentally I was looking at the very same screen earlier today.  Unfortunately at fault is our web site.  For some reason it's running extremely slow.  We will get the server rebooted later tonight and hopefully that will resolve this issue.  Thanks for joining our Publishing membership.  We are a few hours from releasing another update.
One  thing you can do is in the element properties go to the INFO  section and you can set the exact location of the element thus being able to move it just one pixel.
We will fix this for the upcoming update.
Ann, we discovered the issue and it will be updated in the next version of the InteractPlayer.