How can you rapidly reset a clip's effects to default settings?

To rapidly reset a clip's effects to default settings, using the "Reset" button in the Effect Controls panel is the most effective method. This button is designed to restore all customized effect properties applied to the selected clip back to their original, default values, allowing for a quick way to remove any adjustments without having to manually modify each setting. This functionality makes it particularly useful when you've made numerous changes and want to revert them all at once while maintaining the integrity of the clip.

In contrast, the other methods suggest a different approach to handling effects. For example, using the "Clear" function might remove some attributes, but it may not specifically reset effects to their defaults and could lead to unintended data loss. Choosing "Remove Effects" typically eliminates the entire effect instead of resetting it, which is more extreme and not focused on reverting settings. Lastly, closing and reopening the project does not offer a targeted way to reset effects, as it simply refreshes the workspace without specifically addressing the adjustments made to clip effects. Thus, the "Reset" button provides a precise, efficient solution for restoring effects without losing the clip itself or needing to redo other work done in the project.