Hi,
yes. To apply these changes to your testing installation, you unfortunately have to re-install Core Update 162:
echo 161 > /opt/pakfire/db/core/mine
pakfire update
pakfire upgrade
Afterwards, the IPS should be working fine and without emitting logspam again - at least it does so on my testing machine. 
Core Update 162 will be released shortly - we are currently trying to get some connectivity issues in a facility where the ARM builders are located resolved. As soon as things are fine there again, C162 will be released.
Thanks, and best regards,
Peter Müller