I am running V15.00.00.72 . I don't think this is the latest update.
I have found a different approach to this problem, though. Edit the assembly, save, and close. Then open the draft and update. With no old parts loaded in memory, it shows the new parts! This takes much less time than...
I am using SE V15. In large assemblies when I Replace a part then update its draft file, the draft view still shows the old part. However, in the draft view's Properties>Display tab the new part name is shown. This happens regardless of the assembly's Display Configuration being on or off...