Well, yes, and no. Its a bit different than shake, but the idea is still the same.

If you only had 3 layers or so to work with, then the loader>merge-over>loader/bg>saver would be fine.

In my case I had over 200 plates and about 4000 nodes total

The sample image above was just the flow for my displacement and streetlights macro testing.

Also, I could give you the flow to the main shot, but it wouldnt help you without the 12gigs of footage that goes along with it, too much custom work.

Now I "could" give you the flow for the above sample, thats only about 8 megs total.

Lemme see if I still have it, as I made a macro from that flow to put in my final flow, so I might have killed it.