Speed Editor Smooth Cut Button

On the latest Beta 4, the Smooth Cut button defaults to Dissolve instead of Smooth Cut. Has anyone else noticed this?

No, it is working as expected here.

If you zoom in to the clips transition, does the label say "smooth cut" or "dissolve" ?

For some reason mine defaults to Dissolve. I have to manually change it to smooth cut each time.

Ok, I think I got it. I had to factory reset the Speed Editor, and now it's working.