Apply template?

I just noticed this new option in my right-click menu for records:
I clicked on it, but it looks like you have to have created a template in order to apply one, and I can’t find anywhere to do that. Is this a new beta feature?

Wow, looks like you stumbled upon something new! And it also looks like we can’t do anything with it yet! Lol.

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And now it appears that they’ve removed the option :pensive:.

It will be back soon enough….!