After Effects Quick Tip - Missing animation presets (UPDATE - only works with CS5.5 or earlier!)

A couple of you have asked me where your animation presets are hiding. Find out how to enable them with this quick tip. UPDATE: This solution only works for CS5.5 or earlier. The behaviour of this drop-down menu has been changed in CS6 and later, so that it now ONLY shows custom presets that you have created. I'm looking for a way around this and will let you know if I find it.