New iTunes ignored podcast settings?

Has anyone else noticed that the new iTunes seems to ignore my podcast settings? I have it set to grab all new episodes when the RSS feed is updated (for example, Gillmor Gang tends to spit out five chunks at a time, and I want them all, not just the “latest” one) and I have it set to keep the most recent four podcasts.

However, it keeps all my past podcasts until I delete them, and only downloads the most recent episode unless I manually tell it to grab certain episodes (these are the iTunes defaults).

What gives?

PS. I also just noticed that it reset my iTunes music folder location, which screwed up my library so now it’s half on one hard drive and half on the other.

Seriously, what gives?