I have the same behavior. The type settings have always been sticky - meaning they stay the same until you change them again. I'm now getting Myriad Pro 48 pts as a starting default.
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Kevin - I closed my files and opened the character panel. I was set to Arial 150 - the last one I used. When I opened a new document, it kept the Arial, but I watched it switch to 48pts.
Very strange behavior.
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