This is a really cool trick that came out of an afternoon with my friend Tony Salgado, who was an old school CMX editor. Tony kept pushing to find a way to be able to apply a series of effects all at once. I kept saying, "its not that hard to drag a few plug ins over Tony..." but he kept pushing. We then came up with the idea of putting many plug ins into a folder and then being able to drag the whole folder over to the clip in the timeline at once.
It was a brilliant idea and it saves a TON of time. Check it out.