Hi,
When we edit an element template from "Element Templates" dialog and that element template is currently active (in the Attributes combobox), MicroStation does not reload the new property values of the edited element template.
Example:
Currently active element template has color= red.
We edit that element template. new color= blue.

If we take a look to ribbon "Attributes", active color remains red.

So a possible solution would be a checkbox in the "Element template" dialog called "reload active element template" or MicroStation can do it automatically.
Or, at least, a new button [Reload] next to combobox to reload the active element template.

Also, in the Element Template dialog, if a particular element template is active in the list, it would be interesting a symbol next to its name to recognize it.

Regards.