It always has been how "Show HUD attachments" has worked in the Cool VL Viewer (I just tested super-old releases to confirm this)...
Un-ticking this menu entry only hides (skips) the HUDs in the renderer, but you indeed still can touch the area where they are attached (no check is done in the touch code for HUD visibility).
Now, I will admit it is a strange "feature" (even if not
technically a bug in the code), and you can tell I
never disabled HUDs visibility in the past 16+ years I have been developing my viewer !
Fixed (or rather implemented) for next release.