Aperture 2.1.4 - Preset Adjustments

[dx052]

I am a newbie with the software so I have been looking at some of the tutorials which have been quiet helpful. One of the Tutorials on version 3 shows the Present Adjustment feature which would be quiet handy for a novice like myself however I cant seem to find it on my version of the program, Is it a new feature only would have to adjust manual if that is the case?

 

[JPGR_Fan]

I've moved on to 3.01, but if memory serves the Presets are in the drop down from Aperture in the menu bar, below Preferences.