I have wasted far too much time on this. Once and for all, "can you dynamically link an image WITHOUT embedding it?" Is is a bug or not!!! I have not seen anyone address my app as follows...
If I "LINK" to an image (image.jpg) and then change the contents of said image (image.jpg), the pdf does not reflect the change. This tells me that the image is embedded regardless of whether I have embedding checked or not.
What about Image Fields? I tried to link a field via XML (either the reference to the image location or the Base64 data and this does not work either.