The current navigation resets to your sector, but it should only reset your view not your selected sector.
i.e.. If I target O-13 and then close the nav window it should remember that next time I open it, but if I look at a system I'm not in it should forget that when I next open the nav window.

Agreed, I noticed the same thing.

Also a bug report. It was supposed to do this. Damn it, Ray.

It did it before this update.