Is this also for the new Champion edition update?

I believe so. I submitted a run just a few days ago using Champion edition. There isn't a seperate game listed for Vanilla SFV so I assume its all under this.

Street Fighter V, Arcade Edition and Champion Edition IS ONE game, the subnames is just for seasons and nothing more.

Season 1 and 2 - SFV Season 3 and 4 - Arcade Edition Season 5 - Champion Edition.

Looks like it's not just the title that was never updated, I don't think the entire board has been updated for a long time - I went to submit a run today of the Arcade: SF4 category and Kage isn't even selectable in the submission form - and he was released 8 entire months ago. I would like to see all things like this amended to current times.

I broke all the records of Arcade and nothing hapens :(