Hi Gary,
Thanks for taking a look.

This image should help:
Click image for larger version. 

Name:	Xara presentation reveal1.jpg 
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ID:	133032

Step 2 reveals the image with the circle - it zooms in (Zoom/fade in effect). I just want it to zoom back out like it came in. As I indicated and as per what you said, I simply made step 3 the rectangular image re-reveal either instantly or fading in. But that is not what I'm looking for. I want step 3 to take the revealed image back out, the same way that it came in. If this were a fly-in, I would want it to fly back out the same way that it came in. Making the background reveal as Step 3 would not make the circular image fly back out.

It seems that Xara is missing a "reverse" option, or am I missing something here?

Edit: I should point out that the image above doesn't include what is outside of it, like text. The presentation window is larger.

Thanks,