When I try to use the Loop selection key command (apple+L) the locators bounce to the selection, then they bounce back to their previous location. However when I select Loop Selection from the menu it seems to work OK. This is whilst using Rewire with Logic 6.1 - I haven't tried this stand alone yet - and it's the same in OS9 and OSX.
In general, the locators are not very easy to work with. They bounce around a lot and it's tricky to get them to sit in the right place.
Tim
G4 1.25 dual
Mac OS 10.2.6 + 9.2.2
1.5 Gig RAM
120 Gig IBM Deskstar system drive
120 Gig Weston Digital 8 meg audio drive
Digi 001 audio interface
Emagic MT4 Midi interface
Logic 6.1
Ableton Live 2.1.1
Reaktor 4.0.2