4 Sites, two different hosts. I did not update because I was using a WORKING customized version of the plugin. The latest security "scare" did not phase me because I use Disqus and not WP comments.
I log in to one of my sites today, and low and behold, I have the new W3 version with all the settings at default. Tried all my sites and the same thing.
Now someone tell me - How does this happen? I am furious.