I Think the pickwhip is a pretty foolproof way. If you have the two comps open in the timeline window, and drag comp 2 off/up it will come detached and you’ll have two timeline windows showing. Now if you twirls down the same properties for both (say, S for Scale) then alt-click the Scale in comp 2 and pickwhip back to comp 1 you get:
comp(“Comp 1”).layer(“master”).scale
The name of the layer I pickwhipped to in comp 1 was “master”.
Similarly Opacity is:
comp(“Comp 1”).layer(“master”).opacity
This is AE6.5 syntax, I don’t know if there is a difference, just pickwhip for yourself. If you want to reset the timeline windows to for just one, drag the second back over the first. You can do the same with the
Comp Windows creating 2 views.
Here is a Script that creates expressions for effects that can be copy/pasted (or use presets) to layers throughout the Project that link back to effects in that original layer. Here’s the Cow thread for reference:
https://forums.creativecow.net/readpost/227/8341
Thought it might be useful.