Testing against our DEV tenancy, the Licensing part seems to have a slight bug in it. We only have 10 licenses for SPE_E5 which only has 2 licenses free but this is what happens:
Critical: 1 Warning: 2 = NO alerts! Watcher wizard Remaining does not change colour at all
Critical: 2 Warning: 3 = alerts as Warning instead of Critical. Watcher wizard Remaining goes yellow, yet should be red as 2 is the Critical threshold
05/08/2022 - UPDATE - as there has not been any feedback about this, I am reluctant to transition v3 into our Production environment with this (one of two that I commented on) issue still not addressed. I could raise a Microsoft Support case but I don't know if this new version has a bug and typically before it goes live, I would have hoped this would be addressed.
Does anyone have anything to add or anyone else see this behaviour? Thanks
26/08/2022 - UPDATE - still no feedback about this so logged Microsoft Support case today.