MIDI Editor not following Tempo

Hi all, was having a weird problem last night and couldn't figure it out. I have my song tempo set to 202bpm, but when I open up the MIDI editor and hit Play in there (to preview my MIDI phrase), it is not playing back at the correct tempo, it's much slower (I'm guessing it's 120bpm). I haven't noticed this behavior before, what am I doing wrong?

Anybody got any ideas?

Check 'Options->Sync editor transport to project transport' in the ME. That shouldn't and doesn't make a difference in other projects, but I have one project with the same problem and I can't figure out the culprit, but I didn't try very hard since it's only a test project. Do you have "Mydrumset" in yours (that's what I tested in that project) or any other SE based drum plugin?