The obvious answer is that they either forgot to apply it in each version, or do not consider it important enough to make a default, because it is on the verge of being considered a mistake or preference for usability, because it has a simple workaround (for example, using GUI instead of shortcuts). I would not have thought that applying the patch would hurt anything - they would not be available if that were the case.
Changing the QFE_Richmond registry key to 1 is to enable the fix.
http://support.microsoft.com/?kbid=291110
"As a rule, corrections are corrected for a specific situation of the client and may not be distributed outside the customer organization."
In addition, the RefEdit control has alternatives: http://peltiertech.com/WordPress/refedit-control-alternative/ Which was recommended because it has compatibility issues: http://peltiertech.com/WordPress/unspecified-painfully- frustrating-error / Therefore, you can probably assume that MS has some gaps in its quality control for the RefEdit function.
Good luck.
EDIT / Addition:
By the way
QFE stands for Quick Fix Engineering
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