The reason I asked about Temp Compensate was it was added in v2.32 and was a different setting. The way you worded that makes me wonder if you've been on 2.23 all along.
Only just started using TC on this last night. Use TC on a different mod. A friend put the TC mod on so I didn't look. Vaped an hour. Took it off, put on a new cloud atty i hated. It required 50watts. That's when I noticed it wouldn't go past 40 but hated the atty/took it off. Vaped my own atty at 18.5w since but just tried it again. SHORT answer? I can't bet my life on it being at 2.32. Was there when updated and had latest in October. Will know better when updated tomorrow. It has, without a doubt been at 50w before