Is this the intended behavior or (a) should the old text that was referenced be retained or (b) should the referencing works be updated?
That is the current behaviour when clicking a Bibliography reference in the software. (These references are different to direct resource links.)
Failure to resolve a Bibliography reference link to a resource (when the resource is present in your Library) is a known issue.
This has nothing to do with the recent update to the FSB.
The links in LBG still work; for example: https://ref.ly/logosres/lbg01ge01;ref=Bible.Ge7.1-8.19;off=10941;ctx=le,_Volume_2,_D$E2$80$93G$0A$E2$80$A2_~Mangum_provides_an_e
I'll play with it a bit more and report as typos any dead links I find. There are sufficient inconsistencies in the Lexham/Logos resources that I am predisposed to assuming an error.
TIP of the day has been appropriately modified.