Giving this a bump. So after the patch today, saving with "Generate HLSL-DX11" in the material editor no longer results in a crash, but the lsb file is still not being generated correctly. Here's the error I get when saving:
Code: Process exited with code -1!
Process: C:\Games\Steam\steamapps\common\The Divinity Engine 2\SFG.exe
Args: "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/" dx11 "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_ST_L_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_ST_L_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_SK_L_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_SK_L_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_STI_L_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_STI_L_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_ST_D_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_ST_D_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_SK_D_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_SK_D_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_STI_D_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_STI_D_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_ST_S_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_ST_S_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_SK_S_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_SK_S_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_STI_S_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_STI_S_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_ST_R_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_ST_R_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_SK_R_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_SK_R_DX11.bshd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_STI_R_DX11.shd" "C:/Games/Steam/steamapps/common/Divinity Original Sin 2/Data/Public/AutoBags_8e143c33-9748-4e79-aaa2-00b89d3bc9fd/Assets/Materials/LLAB_TestMaterial_STI_R_DX11.bshd"
Timestamp: 05-12-2017 18:54:45:444
Function: LSMaterialPlugin::MaterialFileHelpers::DoGenerate
Location: ..\MaterialFileHelpers.cpp (390)
Editor: Version Control: Retrieving file infos (32/34): 2 ms
All the shader files (.shd) are being created, and the .lsmg is created under the Editor folders, but no .lsb file is created.