Nope that does nothing at all.  I've tried it with "this element" as well as with "all elements".  Now I closed out that animation and loaded an old version of the scene.  Created walk path and walk animation.  It wanted to use 111 frames.  I let it.  Then I go to retime it (because yet again it's slow as hell) - source 1 - 111.  destination 1-60.  Hit ok - close box.  Nothing happens.  Reopen animation timing box and it says 1- 111 in both boxes again.

I am beginning to think it would be faster to render each individual frame I want and them put them at the correct time in Roxio or WMM myself.

I am:  aka Velocity3d