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Although the xs:defaultOpenContent element is declared in the S4SD, there is no reference to it from the content model of the xs:schema element.
The override element appears to be in a similar situation. This may reflect a problem in the editorial production system; the editors will endeavor to figure out what's wrong and fix it.
Comment #1 (suggested by me) was incorrect. I was looking at an outdated local copy which was produced before the "override" proposal was adopted. Also removed the mention of "override" from the summary.
A change proposal intended to resolve this issue (and others) was adopted by the XML Schema WG on 5 September 2008. http://www.w3.org/XML/Group/2004/06/xmlschema-1/structures.b5904etc.html Accordingly, I am marking the issue RESOLVED. Michael, as the originator of the issue, you can indicate your assent to the disposition of the issue by closing it, or your opposition to the disposition by reopening the issue. If we don't hear from other in two weeks, we'll assume you are content. Thank you.