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Although blender has a very complete compositor, making it do what you want is a whole different story. The node based setups can become long and complicated very fast, for simple things. Some add ons may help, such as "Easy FX". (http://www.rymdnisse.net/download/blender-addons/easyfx/) See More
The fact that blender is an actual 3d animation and modeling program means that you can create and render all your assets in blender itself, and not have to worry about exporting and importing 3d models from other softwares. It also lends itself to real 3d space FX rather than 2d assets. See More