Built against `master` branch 801dd40666d1e6009920ad3ff755c7bb993b2a62:

If I have no wallet.dat file and run:

    bitcoind -usehd=0

A new wallet.dat file is created and an HD seed is assigned.

I see an error message in the source:

    "Error loading %s: You can't disable HD on an already existing HD wallet or create new non-HD wallets."

but that doesn't get shown because `fFirstRun` is true, and so the code which checks for `-usehd` values doesn't run.

If it's no longer possible to create non-HD wallets, specifying -usehd=0 when creating a wallet should be an error, and not get silently ignored.
{
    if (!CCryptoKeyStore::AddCScript(redeemScript))
        return false;
    return CWalletDB(*dbw).WriteCScript(Hash160(redeemScript), redeemScript);
}
bool CWallet::LoadCScript(const CScript& redeemScript)
{
    /* A sanity check was added in pull #3843 to avoid adding redeemScripts
     * that never can be redeemed. However, old wallets may still contain
     * these. Do not add them to the wallet and warn. */
    if (redeemScript.size() > MAX_SCRIPT_ELEMENT_SIZE)
    {
        std::string strAddr = EncodeDestination(CScriptID(redeemScript));
        LogPrintf("%s: Warning: This wallet contains a redeemScript of size %i which exceeds maximum size %i thus can never be redeemed. Do not use address %s.\n",
            __func__, redeemScript.size(), MAX_SCRIPT_ELEMENT_SIZE, strAddr);
        return true;
    }
    return CCryptoKeyStore::AddCScript(redeemScript);
}
bool CWallet::AddWatchOnly(const CScript& dest)