[Craig Cooper] “Speaking about “time stretching”, holding down CTL and dragging your clip left or right. How do you return it to normal?”
If you hold down CTRL and drag it in the other direction, it will have a slight “snap” at the 100% mark. Also, if you are viewing the active take information, the percentage shows up on the audio track.
You can also right-click the clip, go to Properties, and then reset the “Playback Rate” to 100%. After you do this, you’ll need to resize the clip to the proper length.
Scripting is another means of performing this task. Scripting can reset the playback rate AND adjust the length to match the new speed.
Edward Troxel
