I have PEv.8
- Open the dialog for Shadows/Highlights
- Press ALT on the keyboard. "Cancel" should change to "Reset"
- Lighten shadows remains at 25% - probably the default
By the way I forgot to mention that it is Elements 3 I am using.
That does not work, need something more techy!
Which file format you have....
I would also be interested to know about the solution for this problem... As per my curent knowledge, when we save in a particular format these settings are applied as per format compression algo... Story is different for raw files...
Quit the editor (quit PSE on a mac), then restart it while holding down ctrl+alt+shift (command+option+shift) on a mac. Keep holding the keys till you see a window asking if you want to delete the settings file. You do.