Hi\
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I may be blind (pologies if i am) but I cannot find the button Features++ I attach a screen shot of what I do find on a featured auction using Admin -> Auctions Manager
You are right, this feature in the Searchawy only, in the Auction and Classifieds, once any paid feature is selected at the item insertion time, it can not be removed or deselected because this is a paid feature and fees immedtaiely recorded. This to avoid users feature their items for time then unselect this feature to cancel their fees.