Vegas Pro 16.0 Build 424 seems to no longer support changing project properties to a custom defined template. It will allow me to change to one of the built in templates, for example "4K 16:9 24p (4096x2304, 23.976 fps)", however, if I try to change to my custom template with 1080x1920 29.970 progressive, nothing changes in the properties box except the name. The Apply button is grayed out as well.
If I change to another built in template, e.g. "HDV 1080-60i (1440x1080, 29.970 fps)", then it works, the template's settings are put into the box and can be applied.
If I save the settings from a built in template to a custom template with no changes, I get a warning that I'm duplicating a built in template. However when I attempt to use it, it behaves the same as with other custom templates, it's not used and Apply is grayed out.
Setting the fields in the property box works, they just can't be saved and reused.
This seems like a huge regression if true. Any thoughts?