Automatic Rescale Range Mode is broken

The Automatic Rescale Range Mode is broken. There are two places you should be able to change this. They should be tied together. First is on the top of the Color Editor dialog. This appears to work. Second is in Edit/ Settings. This appears to not work.

OS X, 5.6.0, builtin server.
Open can.exo. All vars on. Apply.
Paint by VEL.
In the Color Editor, change Grow and Update on Apply to be Clamp and Update Every Timestep. Play. This will work. Change it back. This will work.
In the Edit/ Settings/ General, Grow and Update on Apply to be Clamp and Update Every Timestep. Play. This will NOT work. Change it back. This will NOT work.

This is a bug.

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