Relates to: T26695
A little more work from bug #26695. As seen in the attached main_file.blend. On file load, the shrinkwrap modifier on the Cube is not applied. Modifier starts applying if object is moved or modifier stack is touched.
Build ver: Discovered in graphicall mont29's r35916 win32 and confirmed in handrolled mingw trunk (r35945 or maybe a few before)