How to disable visual spell effects?

[-stf-]

Before version 0.5.5 all was running fine with only a little difference between normal playing where I am getting about 30fps (about 25 while casting with visual effects). But after update to 0.5.5 when I try to cast any spell (or anybody else around me), my fps drops to about 0.2 - 0.5fps. I noticed that there is now back that colored halo effect around the casting character, which I think is the cause of the problem.
I tried to set shaders to low/lowest and same with particles, rename the data/effects/spells directory into data/effects/spellz delete shadercache but with no effect. pslaunch also shows that bloom, hdr, shadows and VBO are disabled so I can't find any other way how to disable it. Is it now hard coded into the executable or is there any way to disable the visual spell effects?

[Tessra]

I thought you could go into the .xml file and change the effects for the spells, but I haven't played with it since the update.  Maybe one of the devs will see this soon and be able to tell you.

[RlyDontKnow]

to disable them completely move the spells folder out of data/effects (that directory is scanned recursively for effects to load - including chatbubbles, etc.)

[-stf-]

Thanks for help, seems it's really searching directories with any name so only moving it out of the effects helped.