Disable AND ENABLE Master Clip effects in Project panel
Currently it's only possible to deactivate Masterclip effects in the project panel. This command is useless, unless being able to activate all masterclip effects at once as well. Selecting multiple clips with masterclip effects and activating/deactivating all them by one clip would be a very useful command. A keyboard shortcut would also be useful.

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Tom Pierce commented
This is frankly ridiculous that this has not been implemented yet. What is holding it back?
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Jeff Boyette commented
While we are at it, I would love to be able remove as well as disable master clip effects. I'm having to replace a LUT on hundreds of clips after updating. I wish I could batch remove rather than simply disable the ill-functioning LUT.