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Or were those things just printed on the keys without thinking it through.
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That's probably how it is. The OS does not allow to switch the numerical keypad into a different mode so that Home etc. work.
There are some applications, though, which allow to interprete the numerical keys as cursor movements. For example CygnusED. But this is not globabl but only inside CygnusEd. And it's not switched by the NumLock key but by an option in the menu.