[c-nsp] policy map shape being "ignored"?

[CiscoNSP List]

Hi Guys/Girls,

7200/G1, have other policy-maps/shaping working without issue, but the following one seems to be ignored?

policy-map 10M
 class class-default
    shape average 9800000 104000 0

interface Port-channel1.1019
 encapsulation dot1Q 1019
 ip address xxx.xxx.xxx.117 255.255.255.252
 service-policy output 10M


#sh policy-map int po1.1019
 Port-channel1.1019
  Service-policy output: 10M
    Class-map: class-default (match-any)
      1664453 packets, 1933030626 bytes
      30 second offered rate 55140000 bps, drop rate 0 bps
      Match: any
      Queueing
      queue limit 64 packets
      (queue depth/total drops/no-buffer drops) 0/0/0
      (pkts output/bytes output) 0/0
      shape (average) cir 9800000, bc 104000, be 0
      target shape rate 9800000

IOS bug?