I'm not sure this is a bug. The option is "Always show", so it does always show. The plan is to allow launching unprivileged, "guest" apps over lock screen (think camera, taking a quick note or creating a calendar invite). So the launcher needs to be available - there is (was?) a separate option to disable launcher on the lockscreen.
Not sure if hiding the launcher on lockscreen, when you've enabled the "Always show" option, would be the right thing to do.
I'm not sure this is a bug. The option is "Always show", so it does always show. The plan is to allow launching unprivileged, "guest" apps over lock screen (think camera, taking a quick note or creating a calendar invite). So the launcher needs to be available - there is (was?) a separate option to disable launcher on the lockscreen.
Not sure if hiding the launcher on lockscreen, when you've enabled the "Always show" option, would be the right thing to do.