OK, but it didn't. Here is the section from my updated image-inc.php, copied directly from the file on my webserver. I included the lines before and after the section as well.
Code:
Content visible to verified customers only.
Just to make it clear if it isn't, I am using the edit image function when viewing an image, browsing to a replacement image, and uploading it via the web interface. PP processes it and displays the new thumbnail and image. It does NOT extract the new EXIF. The example link I gave above is to an image with complete EXIF info. It simply is ignored when it is uploaded, and the old image's EXIF remains in the DB. The same exact image uploaded as a new one extracts and shows the EXIF perfectly.
I should mention again that a rescan for EXIF doesn't change the values either.