Yes, I have mentioned that to Aaron some time ago and I think, that is part of the reason, why it is still just In Progress on the road map. As it is now, the Saved Search option is unusable, as it leads to unpredictable results.
Posted by Purveyor:
There's a new setting for the Hotlist
: Select Saved Search.
Nice but selecting a Saved Search should disable the other Hotlist settings. As it is now, Due Date is always used in the Hotlist, even if the Saved Search doesn't specify a Due Date.