changing option "show menubar by default" won't be saved

If I choose Edit -> Profile Preferences -> untick "Show menubar by default in new terminals" -> Close
The menubar will disappear from the current terminal, but if I close it and reopen a new terminal, it will appear again.
So somehow this change in the profile is not reflected in the newly appearing terminals, even though if I then go again and try and change the option, it is unchecked in the options menu.

ProblemType: Bug
DistroRelease: Ubuntu 11.10
Package: gnome-terminal 3.0.1-0ubuntu3
ProcVersionSignature: Ubuntu 3.0.0-12.20-generic-pae 3.0.4
Uname: Linux 3.0.0-12-generic-pae i686
ApportVersion: 1.23-0ubuntu3
Architecture: i386
Date: Mon Oct 24 10:19:03 2011
ExecutablePath: /usr/bin/gnome-terminal
InstallationMedia: Ubuntu 11.10 "Oneiric Ocelot" - Release i386 (20111012)
ProcEnviron:
 LANGUAGE=en_GB:en
 PATH=(custom, no user)
 LANG=en_GB.UTF-8
 SHELL=/bin/bash
SourcePackage: gnome-terminal
UpgradeStatus: No upgrade log present (probably fresh install)