SimpleD,
We have also had problems with the lofted bend and you're right, it does not take bend allowances, k-factors, etc. into consideration. I agree with the others that the shop guys should make thier own flats, but that is another battle. We have reported the issue and I suggest you do also.
If you must make the flat, here is the work-around we have found:
Modifying the initial sketch used to create the loft can solve the problem. If you take the thickness of the metal and multiply by the k-factor for that metal, and then add that number to the radius in the sketch, this should result in a correctly flattened part. An example would be a lofted 16-ga. stainless steel part with a 1/2" initial radius and .37 k-factor. Instead of the .5 for the radius, use [.5 + (.0598 x .37)], or .5221.
This works for our shops with our tooling (which is where the .37 came from)and an initial sketch which is an arc.
Of course this is a bad idea since it makes your formed part wrong. Create different configs so you can use the correct formed part where needed.
Michelle