It is true! You can swap out image for footage and vice versa!
Here's how to swap your images and footage in your video:
Simply locate the image/footage you'd like to swap out or change on the editor panel on the right-hand side.
Click on the image/footage and click Replace
Your Asset library will now open showing Images and Footage tabs, click on either!
Select the image/footage you'd like to replace it with.
TIP: Click Edit on your image/footage to adjust your positions, framing, or add filters and effects! For more information on editing images/footage check out these articles"
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Currently, videos generations VIA Variations may not reflect some changes made to the original videos during editing (e.g. images-footage swap)