Yes, I see!
To be clear; is this a new project, or the old one? I want to rule out that the project is corrupt.
Note that all assets have both DVD and Bluray transcode settings all the time, whether the project is currently set to DVD or Bluray. So "it's set to transcode for DVD" does not mean that the PROJECT is currently set as DVD. If the project type is Bluray, and the Bluray transcode status is "Transcoded," "Transcode Settings" and "Transcode Now" will be greyed out. But "Revert to Original" should not be greyed out. For all 3 to be greyed out is odd.