Here's a nifty technique if all you want to do is play with the edge.
Make two keys a hard key (I suggest primatte) and a soft key (I suggest keylight).
With your hard key dilate erode, reorder to alpha only. Now you want to put that into a edge detect which will detect the edges of your alpha only. Blur those edge a little and isub your reorder from your new blur edge node. Switch matte back from your dilate erode. On your softkey, blur than put that into an over (bg) with your new switchmatte (fg).
This is also good if you need to do some spill suppression around the edge as it will only affect the edge. To do this you would just not do the reorder.