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If you select Verbose Output in More Options from the main page for a Validate by URI validation, the Verbose Output flag is not set and you will not get Verbose Output on the check page. But if you do check Verbose Output on the check page and then click Revalidate, it correctly shows Verbose Output. I tested this in IE6 and Firefox on Windows 2000 and in Firefox on FreeBSD. Same results either way.
Naram, you're absolutely right. Good catch. Fixing this right away.
Fixed in CVS and in the beta test instance.