I just started using the AVS Video Editor today and I am trying to change the photo display and transition durations for all photos. I looked on your forum and found a post that points to the following: 
[URL=][
http://forum.avs4you.com/attachments/01/00/77/59/18/Photo_transition_duration.JPG/URL] 
However, I am not sure how to get to this dialog and use the "Apply All" function. 
I did find the Settings->Edit options where you can set the durations, but this only seems to apply to new objects.