Looks like there is a bug in netlink plugin. In troglos VM, after initctl reload both of net/* conditions are turned to flux state:
~ # initctl cond | grep net
124 /sbin/dropbear on <+net/eth0/up,+net/route/default>
~ # initctl reload
~ # initctl cond | grep net
124 /sbin/dropbear flux <~net/eth0/up,~net/route/default>
~ #
AFAIU netlink plugin should handle this and reset those conditions.