Object Formatting? Is this new in XIR3?

The Universe documentation spreadsheet available in the BOB Downloads section (https://bobj-board.org/t/59650) will extract the default format options. The Universe Documentation option from within the Designer tool will also list the default format but may be harder to find and see than the Excel extraction.

But I am not aware of any way to visually see if an object has a default format from the Designer tool either.