1) Can you paste some stack traces of Content Presenter and enable FINE Trace level of this component?. Meanwhile I will check if my VM has the same problem.
TIP: In addition take a look if the Content Presenter where configured previously with the properties instead of the dialog, it overrides. Taken from the documentation:
The Content Presenter properties are intended for use at design time by developers creating a WebCenter Portal application (see "Adding Content Task Flows and Document Components to a Portal Page" in Oracle Fusion Middleware Developer's Guide for Oracle WebCenter), or for advanced users who want to bind a parameter to an EL expression. If you modify a property value in the Component Properties dialog, the new value overrides the value specified in the Content Presenter Configuration dialog, and that value becomes read-only in the Content Presenter Configuration dialog.
2) Same as 1), FINE stack trace of Content Presenter and paste. I never saw this problem before.
You can see tow problem above with WebCenter Portal Patchset p17068143_111180_Generic install and only met with WebCenter Space (WebCenter Portal Framework application still OK).