How do preset panel and internal PM interact?

[woodslanding]

I have an old patch that has both. The presets I want are in the PM, which I address through cabling in the patch. It works fine.

But there are another set of presets with different names in the preset PANEL. These are not used.

If I turn off 'saved in preset' will the internal PM still work? Can its value still be recalled via a WKP-wide preset? I assume this will make that stop working?

It's confusing, and HH itself seems confused, as the value for 'preset name' keeps switching from one list's value to the other!

thanks for any tips....
-e