I checked the Gated Seq implementation for this type of Global LFO hack, and tried to "break the functionality"... and did so successfully... doh!
Seems that if you power on the Rev2, and go to this type of Gated Seq Global LFO patch, it works as intended, like a Global LFO. You can also switch around between other patches without the gated sequencer on, or with gated seq on in the same mode or Key Step mode.
However, if you switch to a different patch that has the gated sequencer on in a mode other than No Gate / No Reset or Key Step, then the Gated Sequencer voices can get out of sync, and when you go back to the Global LFO Gated Seq patch, they may not be all in phase any more.
So this method needs an asterisk *
If it could be implemented in a firmware update, it would be nice if the Gated Sequencer voices (and all LFOs per voice) were reset / re-sync'd upon patch initialization (or at least if it were an option in Globals). I think this would make it so you could use any LFO as a Global LFO too... for instance, if you have LFO1 set as no key sync, and all the LFOs are reset when the patch is loaded, then all sixteen LFO1s would run in phase. This would actually improve "sound parity" from session to session with a given patch too.
Am hoping we'll see another update for Rev2 soon... separate from this, there's a bug with the Gated Seq Key Step mode using multiple layers that has been confirmed...and I'm crossing fingers, hoping its fixed soon, as it will improve Voice Modeling and allow for better multi-layer syncopated motion patches.