The first option is displayed in the select field of a Web Content structure, not the one which was selected.
Steps to reproduce:
1) Create a Web Content Structure with a select field with three options
2) Select the third option as the predefined value
3) Save the Structure and create a template to it
4) Start to create a Web Content based on this Structure
Expected: Third option to persist
Actual Result: The drop down list defaults to the first option