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The default size of project configuration combo box in the main toolbar is too small so the <default config> text isn't fully visible. Aqua l&f specific.
This old bug may not be relevant anymore. If you can still reproduce it in 8.2 development builds please reopen this issue. Thanks for your cooperation, NetBeans IDE 8.2 Release Boss
Still there, and would require (I imagine) very little effort to fix.