Platform: Window 7 / XP XBOX360
ISP: BT Internet
Type of Internet Connection: Broadband
Internet Connection Speed: 8MB
Date & Time: Date of Level cap increase
Frequency: Always
Character Name: Stigmar
Race: Hume
World: Asura
Main Job: PUP
Support Job: NIN
Area and Coordinates: N/A
Party or Solo: Both
NPC Name: N/A
Monster Name:N/A
Steps:
1. Max out Automaton Magic skill Merits at 75 Automaton magic skill is also capped
2. Level to 76
3. Check skill and reads capped Regardless that it isn't
4. Skilling up shows the true Skill level but always remains capped into Automaton Status window.

I imagine this may also be a issue for Melee and Range skill in the same situation but unable to comfirm.