First abstraction, simple stereo delay: 2 delay lines, variable feedback L->R, R->L.
This works, no DSP loop error.
Second abstraction contains an effect in the feedback path. (in my simple example, it's just a null wire: In-L passes to Out-L, etc). Again this works, no DSP error.
Third patch is like the second, only the effect has been moved out of the abstraction, and into the parent patch. ONLY HERE do I get the DSP loop error.
The point is the last two patches have (or should have) an identical graph!
It really seems like a bug to me.
I'll upload a test patch a little later.
Thanks,
BH