for borders...I use photoshop actions or ( *.atn ). kay honestly di ko kahibaw mogamit anang adjust2x sa photoshop and other effects. photomerge for panoramic ug photoshop actions for borders ra akong nahibaw-an anang photoshop. kay adobe lightroom 2 and 3 akong gamit.
the link below are the actions for borders you can choose and download:
30 Beautiful Photo Frames and Borders Photoshop Tutorials, Brushes and Actions.
the link below shows how to load an action into your photoshop:
How to load an Action in Photoshop photo - William Vogt photos at pbase.com
hope that one helps. there are other ways tingale, wala lang sad ko kahibaw ug unsa.