I find myself putting together a lot of slideshow type presentations and while the "Ctrl-D" shortcut works fine one cut at a time, I was wondering if anyone new a shortcut that would apply the same transition to all the cut points in a timeline with a single combination of key-strokes?
Use Automate to sequence before adding them to the timeline.
You can make one for Apply default transition to selection (its under Sequence)
I totally missed this feature being added, which appears to have been with CS4. Excellent option.