I use presets all of the time but there are a few bugs in the 2.2.0 (1881) build.
After making adjustments to an image I create a preset to use with similar images. In this version, when I apply the preset it does take effect, but the categories below are not "checked" even though the effect is being applied. This makes it difficult to know what effects are actually being applied since they are, but it's not "checked".
Two exceptions to this is that the "Shadows &Highlights" section and "White Balance" ARE always checked, bit they are not doing anything. Which means that I have to "uncheck" them and then "check" them to see the effect. This is true even if I am NOT using presets. They do nothing until I un-check them and the re-check them.
Additionally, even when I "uncheck" and then "check" the White Balance section, I still have to click on one of the sliders (Temp or Tint) to cause the adjustment to take effect.
I am using a MacBook Pro, Apple M1 and running Mac OS Big Sur (11.4)
Thanks,
John P.