Hi Dave,
I have confirmed the issue and reported it to development. The problem occurs if you have "Store Takes in Separate Tracks" enabled for loop recording. If you close and reopen the takes after record the GUI refreshes properly however, the comping behavior of muting previous takes is not working under this setting.
In general I don't recommend this setting, particularly with audio as it can add up quickly. These settings pertains to loop recording, not take recording in general so it's not necessary for this scenario. In the meantime, please apply the setting of "store takes in a single track" to avoid this issue.
Let me know if you have any questions.