Currently, when canvas cutouts have the “Follow Camera” feature enabled, textures with partial transparency will either become fully opaque or completely invisible.
Not really sure when this was started happening, since I didn’t notice it until now, so it might be a feature that was intended to fix some transparency-related bugs. However, if that is the case, I’d at least like a per-statue toggle to enable the old behavior, as it’s currently making all my cutouts in one of my condos completely invisible.