[NTG-context] Initial caps with short paragraph

This has come up before on the mailing list, but I was wondering if LMTX has a more elegant solution than using a transparent/invisible capture of the drop-cap. Consider: \setupinitial[n=2, style=\tfd, location=text]\setuphead[chapter][after={\placeinitial}] \starttext \chapter Hello world! \input ward\stoptext The output shows that the second paragraph is not indented beyond the bounding box of the drop-cap, resulting in an overlap. This isn't a problem when the first paragraph spans two or more lines. Any ideas for how to resolve this without changing the content? Thank you!