Yes, it is now known and top on the list.
This is not a bug. This is intentional. Apologies for this new behavior being left out of the release notes.
EDIT: This feature was added in 3.02, hence it was not in the 3.03 release notes.
The continued flashing when Preset Load is not set to None you mentioned in subsequent posts is a bug and will be addressed for the next release. Thank you for bringing that to our attention.
If you have not already done so, please post to the FM3-Edit thread for help with this.