Simple transparent overlaying image
import Image
handle = Image.open("fd.png")## Your first image file name
handle.putalpha(30)
handle.save("bv.png")
df=Image.open("bv.png")
dd =Image.open("i.jpg") ## Put your second image file name here
df.paste(dd,(100,200))
df.save("gg.png")
This is more simple :)