Update: Since this post was made, the final version of Update 3 was released and should be used instead.
ColdFusion 11 Update 3 early access build has been updated to incorporate all the suggested changes. ColdFusion build number should be 11,0,03,292245(PreRelease) after applying the latest build.
Thank you for your valuable feedback.
NOTE: Users who have already applied ColdFusion 11 Update 3(PreRelease build) should follow below mentioned steps to re-apply the update:
1. Rename updates.xml file located at <cf_install_root>/cfusion/hf-updates/.
2. Navigate to CF Admin > Server Update > Updates.
3. Re-download the ColdFusion 11 Update 3.
4. Install it.