To do this I've put a button in my toolbar and assigned it to " Toggle all FX online/offline for selected tracks".
(You need SWS extensions for this).
Then just select all tracks and press this button.
Or run this action directly from the Actions menu.
(Well in theory, but sometimes when restoring a defective project Reaper crashes when I try to put all FX online at once, I guess due to the faulty plugin, so I do it for 3 or 4 tracks at once, save project, repeat, until I either restored the project fully or found the faulty plugin which makes Reaper crash).
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