Thanks for the tip - I will use that as a work around for now, however I still believe there is an improvement to be made here:
After automatically switching into the node tool, double clicking away on pc does switch back to the move tool. This is however, less intuitive than a single click and I will tell you why:
I would like it to switch back to the move tool on deselection - which is only one click (considering that the intention was only to use node tool on that particular shape - not to be permanently in node tool). The same is true of the text tool.
When double clicking in, the intention is essentially always to temporarily use a special tool to edit that shape (while selection is active), and therefore, single clicking away to deselect the object should also revert back to the previous tool (move tool).