Is msg.requestTimeout really overriding httpRequestTimeout in v1.0.2?

Could someone please confirm if this is the case ?

I have set 5sec timeout in settings.js, and it seems that whatever the value I try to override it with by setting the msg.requestTimeout property before calling an http node, an http response is generated after 5 seconds with a TIMEOUT error.... which should not happen...

Thanks
Cheers
M