I'm sorry, but this doesn't work on my system. The playhead doesn't go away. I am following the directions as written:
"Click the Move Playhead icon and drag the playhead off the Timeline"
What you're demonstrating on your reply does not work for me.
So, let me restate the original question: is there a keyboard shortcut or some other method of deleting the playhead since I can't drag it off the timeline?