Hi There,
For me, I haven't noticed anything different with the latest update, but the clip level function seemed to change from Version 5.4.4.3 onwards. Prior to Version 5.4.4.3 if you right clicked and selected "Clip Level" and then clicked on an airway, all airways 10m above and below in a horizontal plane would be shown. After Version 5.4.4.3, selecting "Clip Level" and then clicking on an airway will display the airways included in that range defined in the Levels table. Therefore, if you haven't defined specific levels (default is a single level ALL with min to max range of -25000 to +25000), selecting an airway with "Clip Level" will show all airways. The only time it won't is, as you stated, if you drag a box using the clip level function but that sometimes does leave out airways.
Therefore, I have found that I have needed to create a list of levels (Tools menu -> Level Elevations) for every model that I am working on now so that I can use the Clip Level function effectively. However, what I also found is that you must ensure to remove the ALL range from the list. If you look at the first picture below, the ALL range is still included. Even if the levels have been additionally defined as shown, using the "Clip Level" function will still show all airways. You must remove that range as shown in the second picture.
Regards,
Kingsley