Why do you think premiere is so bad? I think it works pretty fine (there have been situations I cursed the whole company, I'll give you that) and it's best perk is that all the adobe programs work together seemlessly.
I don't know if it's new or not since I just discovered this function, but you can simply turn off all the effects of every clip in your timeline. Sometimes viewing the video doesnt work too well because pf the grading. There is a + button under the preview window. If you click that, you van choose the fx button. This button does the trick.