Step 1:
Open up your sig, and re-paste your sig part by copying it in. How I did it was right click on the one in the first post and clicking 'Copy Image'. Paste that as your first layer.
Step 2:
Use your Magic Wand Tool and select the black part of the copied sig-part like so:
http://i180.photobucket.com/albums/x...g?t=1202421005
Step 3:
Hit Ctrl+I and go to every layer of the animation and hit the delete button, so that it fit into the transparent pert of your sig.
Image:
http://i180.photobucket.com/albums/x...ests/sp1-2.png
Here's how it should look when you're done (sig part hidden):
http://i180.photobucket.com/albums/x...ests/sp1-3.png
Step Four:
Go to your sig layer and select the black part again, hit delete. It should go away and the animation should become visible.
http://i180.photobucket.com/albums/x...ests/sp1-4.png
Then save it, I think the default settings are what I used.
Edit: What file type does the video have to be to put it in GIMP?