Barrel distortion

I have a IP camera that I am using to feed a live background into manycams. it works very nicely except that, as a sort-of security camera, it has a lot of barrel distortion. it would be nice if this could be corrected (on this layer only) with a pincushion transform, and have the pincushion effect be a bit adjustable. this would also be helpful for many webcams, etc.

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Yes, I could sure use this and/or keystone correction. I often have the camera capturing a physical markerboards and presentation boards.