Nothing painful about it Peter. You're going ahead in leaps and bounds. Definately better than the previous one.
At least for me shots I don't think the ring is from over processing Peter. In the avies I've taken that show it, the ring starts to appear as soon as I start waveletting. Sometimes its visible even before I start. I think it has to do with a combination of capture speed (fps) and exposure speed , resolution and donwload rate of the USB cable. Unfortunately I haven't had any decent sky over the last few weeks to test out my ideas.
Keep on posting these fine shots. As the saying goes, "Make hay while the sun shines" or in our case "Take avies when the clouds are gone"