Entity relationships on reference fields currently only allow picking the 0 delta

I'm using the References module, the Page Manger, and Panels.

1. Create two content types.
2. On one content type, add a Node (content) reference field with unlimited entries.
3. Go to Views
4. Create a View Pane that accepts multiple NID's (the content that gets referenced)
5. Set the Context argument to Node: NID
6. Save the view
7. Go to the Page Manager
8. Enable the Node Display page
9. In the Contexts section, add a Reference to your "Node Reference" field.
10. In the panel display, add your View Pane.
11. Set the context argument to be passed to the field from your "Node Reference".
12. Save the page
13. Create some content (of both types, and include more than one reference).
14. View some content of the type that the Page refers to.
15. Notice anything strange?

Only the first item in the reference list shows up.

To double check this, go back to your view, and plugin two or more NID's that you know of (n+n or n,n).
The view preview is correct, but the final display (on the page) is wrong.

Are entity tokens being used to pass NID's between the Page and the View?