System Information
Win7 64bit
GeForce 750M
Blender Version
Broken: 2.70 517094a TestBuild2
Worked: 2.70a f93bc76 Official Release
Short description of error
Blender automatically switches to Edge select mode when using Loop Cut with more than one loop. In older versions it stayed in vertex select mode as expected.
Exact steps for others to reproduce the error
In edit mode:
Switch to vertex select mode,
Activate loop cut and slide (Ctrl+R)
turn the mouse wheel to make two (or more) loops at once
confirm and blender automatically switches to edge select mode