The lack of advanced settings is a driver issue. SmartThings (ST) is in the middle of migrating from the use of Device Handlers (DHs) to Edge drivers. When you add a new driver-driven device such as the LZW42, ST will add it using an Edge driver. If I am correct, when you open the LZW42 page in the ST app and click on the 3-dot menu, top right, you will have a “Driver” menu. This indicates that the device is using an Edge driver.
My guess is that the bulbs added using ST’s stock Edge driver. I know that Inovelli has designed their own Edge drivers for the Red switches/dimmers, but I’m not sure about the LZW42 bulbs. @EricM_Inovelli will have to comment.
BTW, for anything using an Edge driver, you should not be attempting to modify in the IDE, as that is no longer used for Edge devices. When you have multiple drivers for a device, you will switch drivers via the Driver menu I described.
EDIT: The status of the LZW42 Edge driver was asked about here: