Hi Shadowman and Carl thanks for the replies but i saw those 2 replies in my searching.
The screen shot in the download file is different to what my PD14 looks like
I dont have a tab above the timeline called 'effect' or an untick option or a minus sign...are these still somewhere in version 14?
I did find a way just now though...so for anyone as stupid as me here's how you do it
1) Click on the clip on your timeline that you want to remove the effect from.
2) click on the little magic wand sign (the 'magic tools' icon) then in the dropdown box select the effect you put on ...ie magic motion etc.
3)Then the effect you used is highlighted with a blue frame.
4) Then click the 'reset' button and this then removes the effect and the little orange 'i' disappears from your clip.
Tom