Just a little clarification about this technique.
This technique has benefits similar to the benefits of binning, but, binning isn't used. As mentioned previously, the noise is reduced by about a factor of two, also, the reduced image is the same size as the original, and, the stars remain round with no "blocky" stars like binning can produce. To achieve this same level of noise reduction by just gathering more data would require me to gather almost 4 times as much data. So, this noise reduction is a really big deal for me.
With Rob's nice improvement I simply create one clone of the target image and drag a PI icon (with all the shifting and adding and averaging included) onto the clone to do the noise reduction. The entire noise reduction takes only about 1 minute. Thanks again Rob!
Hope this proves useful for some of you.
Steve