Inline edit LABEL on Option Value selector updates NAME instead

Using the 'inline edit' for option value selectors (including Activity Types, Website Types etc.) results in an update to option_value.name column. This is incorrect (and fairly destructive) behavior in that option_value NAME strings are supposed to be fixed, while labels are freely editable and translatable without causing relational breaks.

To recreate:

• go to .. civicrm/admin/options/website_type?reset=1 (or other option group listings) and click a Label cell to edit the value
• Save the new value
• Check the values in the option_value row and you'll see that the NAME column has been modified rather than the LABEL column

— Original Post ----
This can be reproduced in demo.

1. Create a new activity type naming it say 'Test email' and save it.
2. Rename it to Test.
3. Find a user and add an activity called Test. The window that comes up will still display Test email.