I need a shortcut in finalcut pro to disable all the effects in all clips within a sequence.

The reason is simple. I often add clips and images and then do a little color correction to see how well it matches, or sometimes show the client the look I am aiming for and then I would like to continue editing without having to render. After I am done editing, or when (if) I go to lunch, I would like to be able to switch all effects back on and render.

Right now what I do is I individually disable effects in each clip - really annoying.

Any shortcut?

I use FC express 4.0, but I bet the path to this is the same:

Menu: Sequence: Settings...: (tab)Render Control->uncheck 'Filters' & "Frame Blending for Speed."

I think that let's you play back without rendering.