The reason I destroy everything in the CEGUI demo is really the easiest way to do it with the current plugin. Mostly, because the process of creating a new movie means that the texture unit is recreated as different movies have different sizes, so it is impossible to reuse the texture unit.
If you, by reseting, mean to do a loop of the asme clip, the best way is also to just recreate it... If all the bugs were worked out of the seeking API, I would say that would be the best way to just seek to 0 time. However, there are some current problems with distortions and playback randomly stopping when seeking backwards that need to be fixed first.