quackgyver I agree that this is unusual! I often move and drag "else" events all over the place and I have never encounted this. I tried to reproduce this but cannot - If I had a red "else" and delete the previous event's condition that causes the "else" to be red (e.g. have an else below a "for each" loop, then delete the "for each" condition), then the else fixes itself.
How did you get this else to be like this? What happens if you dragged it somewhere else, then back to below this event, does it fix itself?
The only "Else" oddity that I have seen is when you have a disabled event with a red "else", it will refuse to run your project (even though the entire event is disabled). Makes sense generally, but you'd think it'd ignore the disabled event.