diff --git a/src/plugins/dashboard/config.ts b/src/plugins/dashboard/config.ts
index ff968a51679e0..da3f8a61306b8 100644
--- a/src/plugins/dashboard/config.ts
+++ b/src/plugins/dashboard/config.ts
@@ -20,7 +20,7 @@
 import { schema, TypeOf } from '@kbn/config-schema';
 
 export const configSchema = schema.object({
-  allowByValueEmbeddables: schema.boolean({ defaultValue: false }),
+  allowByValueEmbeddables: schema.boolean({ defaultValue: true }),
 });
 
 export type ConfigSchema = TypeOf<typeof configSchema>;
diff --git a/src/plugins/saved_objects/public/save_modal/saved_object_save_modal_origin.tsx b/src/plugins/saved_objects/public/save_modal/saved_object_save_modal_origin.tsx
index f811b84a0967e..dfc0c4049774d 100644
--- a/src/plugins/saved_objects/public/save_modal/saved_object_save_modal_origin.tsx
+++ b/src/plugins/saved_objects/public/save_modal/saved_object_save_modal_origin.tsx
@@ -34,6 +34,7 @@ interface OriginSaveModalProps {
   originatingApp?: string;
   getAppNameFromId?: (appId: string) => string | undefined;
   originatingAppName?: string;
+  returnToOriginSwitchLabel?: string;
   documentInfo: SaveModalDocumentInfo;
   objectType: string;
   onClose: () => void;
@@ -74,11 +75,13 @@ export function SavedObjectSaveModalOrigin(props: OriginSaveModalProps) {
                 setReturnToOriginMode(event.target.checked);
               }}
               label={
-                <FormattedMessage
-                  id="savedObjects.saveModalOrigin.originAfterSavingSwitchLabel"
-                  defaultMessage="{originVerb} to {origin} after saving"
-                  values={{ originVerb, origin }}
-                />
+                props.returnToOriginSwitchLabel ?? (
+                  <FormattedMessage
+                    id="savedObjects.saveModalOrigin.originAfterSavingSwitchLabel"
+                    defaultMessage="{originVerb} to {origin} after saving"
+                    values={{ originVerb, origin }}
+                  />
+                )
               }
             />
           </EuiFormRow>
diff --git a/x-pack/plugins/lens/public/app_plugin/app.tsx b/x-pack/plugins/lens/public/app_plugin/app.tsx
index 1d3a8975a197d..3de7d0ccb785d 100644
--- a/x-pack/plugins/lens/public/app_plugin/app.tsx
+++ b/x-pack/plugins/lens/public/app_plugin/app.tsx
@@ -127,6 +127,17 @@ export function App({
     [lastKnownDoc]
   );
 
+  const getIsByValueMode = useCallback(
+    () =>
+      Boolean(
+        // Temporarily required until the 'by value' paradigm is default.
+        dashboardFeatureFlag.allowByValueEmbeddables &&
+          state.isLinkedToOriginatingApp &&
+          !(initialInput as LensByReferenceInput)?.savedObjectId
+      ),
+    [dashboardFeatureFlag.allowByValueEmbeddables, state.isLinkedToOriginatingApp, initialInput]
+  );
+
   useEffect(() => {
     // Clear app-specific filters when navigating to Lens. Necessary because Lens
     // can be loaded without a full page refresh
@@ -208,11 +219,7 @@ export function App({
 
   // Sync Kibana breadcrumbs any time the saved document's title changes
   useEffect(() => {
-    const isByValueMode =
-      // Temporarily required until the 'by value' paradigm is default.
-      dashboardFeatureFlag.allowByValueEmbeddables &&
-      state.isLinkedToOriginatingApp &&
-      !(initialInput as LensByReferenceInput)?.savedObjectId;
+    const isByValueMode = getIsByValueMode();
     const breadcrumbs: EuiBreadcrumb[] = [];
     if (state.isLinkedToOriginatingApp && getOriginatingAppName() && redirectToOrigin) {
       breadcrumbs.push({
@@ -250,6 +257,7 @@ export function App({
     getOriginatingAppName,
     state.persistedDoc,
     redirectToOrigin,
+    getIsByValueMode,
     initialInput,
     application,
     chrome,
@@ -436,6 +444,7 @@ export function App({
         // Temporarily required until the 'by value' paradigm is default.
         (dashboardFeatureFlag.allowByValueEmbeddables || Boolean(initialInput))
     ),
+    isByValueMode: getIsByValueMode(),
     showCancel: Boolean(state.isLinkedToOriginatingApp),
     savingPermitted,
     actions: {
@@ -598,6 +607,14 @@ export function App({
             title: lastKnownDoc.title || '',
             description: lastKnownDoc.description || '',
           }}
+          returnToOriginSwitchLabel={
+            getIsByValueMode() && initialInput
+              ? i18n.translate('xpack.lens.app.updatePanel', {
+                  defaultMessage: 'Update panel on {originatingAppName}',
+                  values: { originatingAppName: getOriginatingAppName() },
+                })
+              : undefined
+          }
           objectType={i18n.translate('xpack.lens.app.saveModalType', {
             defaultMessage: 'Lens visualization',
           })}
diff --git a/x-pack/plugins/lens/public/app_plugin/lens_top_nav.tsx b/x-pack/plugins/lens/public/app_plugin/lens_top_nav.tsx
index c11507af5c53a..f6234d063d8cd 100644
--- a/x-pack/plugins/lens/public/app_plugin/lens_top_nav.tsx
+++ b/x-pack/plugins/lens/public/app_plugin/lens_top_nav.tsx
@@ -11,11 +11,25 @@ import { LensTopNavActions } from './types';
 export function getLensTopNavConfig(options: {
   showSaveAndReturn: boolean;
   showCancel: boolean;
+  isByValueMode: boolean;
   actions: LensTopNavActions;
   savingPermitted: boolean;
 }): TopNavMenuData[] {
   const { showSaveAndReturn, showCancel, actions, savingPermitted } = options;
   const topNavMenu: TopNavMenuData[] = [];
+
+  const saveButtonLabel = options.isByValueMode
+    ? i18n.translate('xpack.lens.app.addToLibrary', {
+        defaultMessage: 'Save to library',
+      })
+    : options.showSaveAndReturn
+    ? i18n.translate('xpack.lens.app.saveAs', {
+        defaultMessage: 'Save as',
+      })
+    : i18n.translate('xpack.lens.app.save', {
+        defaultMessage: 'Save',
+      });
+
   if (showSaveAndReturn) {
     topNavMenu.push({
       label: i18n.translate('xpack.lens.app.saveAndReturn', {
@@ -33,13 +47,7 @@ export function getLensTopNavConfig(options: {
   }
 
   topNavMenu.push({
-    label: showSaveAndReturn
-      ? i18n.translate('xpack.lens.app.saveAs', {
-          defaultMessage: 'Save as',
-        })
-      : i18n.translate('xpack.lens.app.save', {
-          defaultMessage: 'Save',
-        }),
+    label: saveButtonLabel,
     emphasize: !showSaveAndReturn,
     run: actions.showSaveModal,
     testId: 'lnsApp_saveButton',