I recall the Perfect Space convolution reverb having a big latency hit, and I was running older hardware at the time, so I never used it. But I have noticed now that the REmatrix Solo convolution reverb seems to run very well for me, without any noticeable latency.
Anyway, thanks for all of the explanations. I wasn't calling out a bug, just wanted to understand how it worked.
I'll just keep LP EQ in non-linear mode, or use Quadcurve EQ ... unless I am mixing ...