I cant get Reflectivity falloff to work when I have Soft set to on in the render options. I get the same result at 0 as I do at any other value. Could some one verify before I do a report. When I turn soft off it seems to work correctly.

Can you have soft reflections and use falloff at the same time?

make sample prj that shows what you are getting and what you're setting. And make sure everything is embedded.