Hey taxcord....

There is a 'reset controls to default' tab in the Hardware tab of Setup but that won't turn off the on board effects (not sure why?).

To turn off the FX on the 57 you will first need to go to group 6 by pressing the Group button, at which point all the B buttons on the mixer will start flashing, and then press the B6 button.
Once in group 6 you will see two effect inserts on the right side of the virtual representation of the hardware.
A red border will be around the effect insert your currently seeing the parameters for.
From there, turn off any B buttons you see lit up on the mixer.
Once done, press the Deck button on the mixer to jump focus to the second effect insert. Make sure all of the B buttons are turned off there as well.

How do I hard reset or factory set Rane57 DJ mixer.

I'm having a problem with my 57sl it's playing the same song on both sides I dont think something is wrong with the fader I want to know how I can reset to factory settings or point me to a video to help

I just do firware upgrade and it works for me.

i couldn't install drivers ,Run as admin in win 7 solved it my problem.