Since there was no context member for active VSE sequence and sequences
are all part of the scene, blender was always acting on the full RNA
path (meaning only the active sequence at the time of adding it to Quick
Favorites [or shortcut assignment] was being acted upon -- which is inconsistent to e.g. 3d objects where this always acts on the currently active object).
Now add an "active_sequence_strip" context member and use this in functions for Quick Favorites [and shortcut handling]. wm_context_member_from_ptr() needed a tweak and Sequences still need a bit of extra massage on the data paths in places that use this, but the added functionality seems worth it.