It MIGHT have something to do with the people that survived the character wipe. I am getting that problem and I survived the wipe. Are any other people getting this playing on characters from before the wipe?

I survived the wipe and have the same problem. Haven't died yet, so I can't check to see if it works afterwards.

I didn't survive the wipe but have the same issue. I don't think it has anything to do with the wipe.

I didn't survive the mass genocide, and I get it (but only sometimes).

The m4 & compass seem to work fine switching out most the time, but then pistol and fireaxe aren't so great.

I had another issue today as well. Can someone else confirm.

Take a compass put it on hotbar.
Place weapon on hotbar.

use compass and press your weapon slot to swap to it.

Compass is put away, gun comes out and then is also put away.

Confirmed. And if you take a side step (left/right strafe) while trying to change not-raised weapon it won't work.

I had this issue, but only when trying to put away my compass

This issue was also never fixed for the crouched position.

Had this issue as well on Windows 8 64 bit. I started playing post wipe.

I had a strange experience that may be related. I started empty handed. I selected a melee weapon from the hot bar, while crouching and walking backwards. After equipping the weapon, my character begins walking forward, even though I am still pressing the "S" key. This does not occur while standing and walking backwards, only crouching.

Hi everyone,
thank you for your feedback!
This has been fixed.
BleedoutBill, I was not able to reproduce the issue you have described, but please feel free to submit a separate ticket if you encounter the issue again.
Regards,
Andy