Thank you very much for your response. I also submitted my issue to NAPP and they responded the same. I agree the naming scheme is incredibly poor as a User in Save for Web would choose PNG24 as their high quality png option with transparency. I am a User Experience Architect and this is a major issue which it sounds as if you are aware of. Please put in a good work from the community to adobe's ear as they need to know the effect this has on us.