If building a new terrset tree file in the OE, the OE saves the file in the terrset0#\spdtree\swa\.swa file.
You can't reload the latest .swa file unless you manually move the previously saved file up two directory level, and
any attempt to save modifications will be frustrated if a previous .swb file was built by the TE.
This seem pretty tortuous so it made me wonder if it was intentional.
To reopen the .swa file, it must be copied to the terrset0#\spdtree\swa\spdtree\swa file, a couple of levels up.
However, if an .swb file exists in the terrset0#\spdtree\swaobj directory, after opening in the TE, the edits will not be saved as expected even though the target terrset0#\spdtree\swa\.swa file shows the modified time and date.
The target .swa file save will never update until the .swb file is deleted.
I'll be out of town but checking in occasionally.