VI mode "r" (single char replace) behaviour change

[Bill Duncan]

Configuration Information [Automatically generated, do not change]:
Machine: i586
OS: linux
Compiler: gcc -I/usr/src/packages/BUILD/bash-3.0 
-L/usr/src/packages/BUILD/bash-3.0/../readline-5.0
Compilation CFLAGS:  -DPROGRAM='bash' -DCONF_HOSTTYPE='i586' 
-DCONF_OSTYPE='linux' -DCONF_MACHTYPE='i586-suse-linux' -DCONF_VENDOR='suse' 
-DLOCALEDIR='/usr/share/locale' -DPACKAGE='bash' -DSHELL -DHAVE_CONFIG_H  -I.  
-I. -I./include -I./lib   -O2 -march=i586 -mcpu=i686 -fmessage-length=0 -Wall 
-g -D_GNU_SOURCE -Wall -pipe -g -fbranch-probabilities
uname output: Linux marion 2.6.11.4-21.9-default #1 Fri Aug 19 11:58:59 UTC 
2005 i686 i686 i386 GNU/Linux
Machine Type: i586-suse-linux

Bash Version: 3.0
Patch Level: 16
Release Status: release

Description:
        VI mode, "r"  (single character replace) now moves cursor
        one character to right.  vi doesn't do this, ksh doesn't,
        and bash didn't used to do this.  What happened?  Can I
        turn this off?