I think he means like a transition between clips in 2 different layers, but i could be wrong. This isn't that hard, if this infact is what you are referring to.
I think he means a transition as if you were changing channels on an old TV, with that little bit of static in between.
I once went frame-by-frame on an episode of Robot Chicken (yeah, I like Robot Chicken, so sue me) where they do a really cartoony channel change between each segment. It was basically a diagonal wipe to static, then the same diagonal wipe to the next frame. Each wipe had a nice feathered black bar, and they complimented with staticy audio during the transition.
That's a real amatuer solution, but if you're looking to knock something out in five minutes, it might be of use. Don't forget the audio, though. Michael Bay and James Cameron have been using it to cover up poor filmmaking for years. (It's a cheap shot, I know, but come on... Pearl Harbor?)