In this case, it doesn't sound like they're reverting it because of overall breakage, but rather because it breaks the tool that would otherwise be used to control TLS 1.3 trials and other configuration. Firefox had a similar issue, where they temporarily used more conservative settings for their updater than for the browser itself, to ensure that people could always obtain updates that might improve the situation.
The way it is supposed to work is as following: there is a protocol negotiation when the connection is established (which is obviously unencrypted), which contains TLS version supported. If MITM proxy does not understand the version, it can just change these bytes to force hosts to negotiate at a lower version.
So the only reason BlueCoat fails is because the authors failed to implement force version downgrade.