I guess I don't use PC Presets much on the main bus. I usually drag my Plugins from the browser into the Pro Channel. I just right click to add the CL.
The FX I pick on any given project are so varied and randomly picked. I just go rooting around in the arsenal for things that might fight the jam and start tweaking them.
I just went to try to repeat it and GOOD GOLLY THERE ARE A LOT OF PC PRESETS IN THERE! THANKS CRAIG!!
I should add, I totally believe you. If support says it's a bug, it must be. I wasn't able to repeat just now but... shrug.