I've disassembled and inspected the supply, nothing seems amiss. I also performed some more testing, and found that the overload protection always activates at 125mA above the current setpoint, even though the constant-current mode doesn't activate. This seems to indicate that the setpoint adjustment and current sensing are working, but for some reason the supply doesn't try to activate constant current mode and doesn't report the correct current.
I also noticed that if I set the current limit to zero, the constant current mode does come on, but the readout still shows 180mA.
Any ideas greatly appreciated...