Relabeled view modes baffles

in
panopoly_images.module
we see

/**
 * Implements hook_media_wysiwyg_wysiwyg_allowed_view_modes_alter().
 */
function panopoly_images_media_wysiwyg_wysiwyg_allowed_view_modes_alter(&$options, $context) {
  if ($context->type == 'image') {
    // Relabel some options
    $options['default']['label'] = t('Original Size');
    $options['teaser']['label'] = t('Quarter Size');
    $options['preview']['label'] = t('Thumbnail');
  }
}

However, at /admin/config/media/wysiwyg-view-mode
the default labels are in use:

Further, if the default view modes are restricted from use, as is the case in the image above, they still appear on WYSIWYG insert.

Removing panopoly_images_media_wysiwyg_wysiwyg_allowed_view_modes_alter() does respects a restriction put in place.

While the configurations are handy, there are valid use cases where some of these view modes are desired disabled for a site.

"Quarter Size" has proven confusing for content editors on our side, and too small.

I guess the most effective course of action would be wrap the label rewrite so that it respects the media_wysiwyg settings?
Relabeling the view modes consistently when listed in other contexts like the above is also advisable.
Perhaps rewritten in that context as "Default (original size)" would be clearest?