LR Preset Issue

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"albeit the absence of reset is a bug that will need to be rectified."

LR 9.2 lets you reset the raw defaults for all cameras back to the Adobe defaults:

If you have per-camera-model defaults, you can also individually set them back to the Adobe defaults:

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Looks like this (WB) preset problem has been fixed in the latest release, but now you need to use a preset to create/maintain your own default settings - as opposed to the prior '<option> reset' to save them.

Am I missing something, or is this the way it is now?

For future reference:

https://feedback.photoshop.com/photoshop_family/topics/lightroom-color-profile-problem-when-used-in-a-preset

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Is this preset

A preset you created

or

A standard preset that comes with Lightroom Classic

or

A third party preset you installed

These symptoms are very similar to those for some Canon EOS models in this thread: a magenta cast when including profile Adobe Color in a  preset, a v2 Adobe Standard profile introduced last fall:

https://community.adobe.com/t5/lightroom-classic/do-i-have-a-color-profile-problem-in-lightroom/m-p/10888777?page=1#M174833

So please do file a bug report, otherwise the bug may not get to Adobe's attention.

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This sounds like a remnant of a problem with the standard profiles for the Z6 and Z7 that was present shortly after release. If you are sure the preset doesn't change the white balance values than it is porbably a bug and you should post on https://feedback.photoshop.com (same logon as this forum) where Adobe looks for bugs and feature requests. Here we're just other users. At the feedback forum Adobe engineers hang out.