Yes, it works if you uncheck Repeat While Button Is Pressed but this is very inconvenient.  This means that to scroll one has to constantly lift up the button.  Also, I noticed that I cant do multiple presses too fast otherwise it will ignore them.  I need to wait a half a second between presses.

I can mitigate this by assigning the Ch+/- buttons for repeatable presses.  But it would be nice to find a proper solution.