To open the 'Settings' view, long-press .
You may want to examine these settings:
Defines the size of the resulting image (mashup). A change here will become effective after the next app start.
The color of the background; visible if not the whole area is covered by layers.
Where to store the mashup.
Where to save templates.
Which location to use for temporary files.
The picture size for the device's camera; if you know you will use several pictures per mashup, reduce the size to a reasonable value to save resources.
This affects only the on-screen display, you probably want to turn this off, it uses a lot of resources on hires-screens.
Now, return to the main screen and