Photoshop Beta 25.4.0 20231208.m.2427 446cbfd x64 fails to create Auto-Blend Panorama

Auto-Blend Layers in the latest Photoshop (Beta) 25.4 build 20231208.m.2427 446cbfd x64 for two or more layers that form a panorama always defaults to Stack Images Blend Method, even if Panorama is selected.