Just getting started with Kontakt 7. Problems with rack display and functionality illustrated in attached screen shot: 1) can't get consistent displays of individual instruments in the rack (see Vibraphone, NOIRE, and Jazz Upright; 2) sometimes can't get wrench icon and associated Edit Mode (see Vibraphone and Jazz Upright, where Settings icon and functionality has replaced wrench icon and Edit Mode functionality).
Note: according to Kontakt documentation "The Infos tab of the Instrument Options dialog contains information about the selected instrument and provides editable parameters to document additional information. If the Instrument is from a third-party library, then it will display information about the library and will not be editable."
In the present case, both instruments (Vibraphone and Jazz Upright) are recognized as being from Kontakt Factory Library 2.
Further research indicates that this problem seems present in all Kontakt Factory Library 2 instruments (though obviously I haven't tried ALL of them). Next I'll try reinstalling that library.
Reinstalling did not fix. Attached is a second screenshot, post-reinstallation. The instruments are from miscellaneous libraries, including Kontakt Factory Library, Cuba, NOIRE, Una Corda. The last few are from Kontakt Factory Library 2. All and only these have the problem of presenting the Settings icon and functionality where there should be a wrench icon and Edit Mode functionality.