ID 585243 - Repeated use of the Loop Slice tool creates broken geometry in Modo 17.

Problem summary
Repeated use of the Loop Slice tool creates broken geometry in Modo 17.
 
Customer reported version
Modo 17.0v8
 
Customer reported platform
Windows 10
 
Steps to reproduce
 
1) Open Modo. Create a primitive cube.
 
2) Enter Polygon Selection mode and loop select some polygons.
 
3) Execute the Loop Slice tool (hotkey Alt-C) at least twice.
 
 
Expected behaviour
The loops should appear as they do in Modo 16.1v8, having the affect of evenly subdividing the cube's geometry: 
 

16.1v8
 
Actual behaviour
The loops slice in a way that destroys the geometry.
 

17.1v8
 
Workaround
Unknown.
 
Reproduced by support
This bug has been reproduced in:
Modo 17.0v8 - Windows 11 / macOS 12 (Monterey)
Modo 17.0v1 - Windows 11 / macOS 12 (Monterey)
 
Unable to reproduce bug in:
Modo 16.1v8 - Windows 11 / macOS 12 (Monterey)
 
Earliest version tested
Modo 16.1v8
- This issue doesn't appear in this version and has regressed