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No that isn't what is happening, it is just a bug.
Here is exactly what happens.
Click on Bindings tab, go to QueryString Binding and then I set up a record set. Usually you would see both Query and Record Set options when you click + or - on the binding tabs for those options.
When I click QueryString Binding ---> set up a Recordset the Query options + or - doesn't exist anymore it is blank all that shows under the binding tab would be the Recordset + or -
However when I click to create a Recordset First----> Then QueryString Bindings everything shows up as normal there is a + and - and show all the lightning bolt options for query otherwise not present.
