Possible Programming Error - "Filter Projects: Active"

Am I correct that the “Filter Projects: Active” setting in a custom perspective actually filters for “Available” projects (i.e. items not blocked deferred or on hold)?

I have tested this already, and projects with status=“Active” but deferred to a date in the future, do not show up in a custom perspective with the “Filter Projects: Active” setting.

If I am correct, I would say this is a programming error. In my mind “Active” should mean all projects with status=“Active” regardless of whether they are deferred or not.