Chosen default preset ignored on Mac

Regardless of which preset I select as the default in the settings, the preset in the UI is always “None”:

  1. When the app starts
  2. When a new video is loaded
  3. When a different video is selected

Happens in versions 5.2.3, 5.3.0 and 5.3.1

Mac Studio M1 Max and MacBook Air M2

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