Hi affectlab,
It can be done by creating a webpage that has both your video and a slider on it and calling it a Custom Item.
I'm attaching two sliders that we use here in our lab along with the folder called "slider" which contains the java script information to make everything work. Make sure the .htm file and the slider file live in the same place
You'll notice that we wanted ours to look like MediaLab, so we've followed the formatting in the helpguide (see the Custom Items section).
To edit what I've attached, you can open the .htm files with Microsoft Notepad or with an editing software (like Microsoft Frontpage, or there are lots of free ones out there). At the bottom of the file you'll see what you'll likely want to change - the anchors for the slider and the increments for the slider.
But bear in mind, the html slider will allow your participant to rate the video just one time, whereas the online-rating item type will allow you to collect multiple ratings/data points during the video. So before you adopt the html slider route, make sure that you will be content with just one rating of the video. If you need multiple ratings, you should be able to fiddle with the parameters of your video and the online rating item in MediaLab to make things fit better on your screen.
Also, check out http://support.empirisoft.com/showthread.php?p=436
Good luck!