Using CKEditor - media tags are not outputted

Hey,

So I have:
- Enabled ckeditor.module, *disabled* wysiwyg.module
- Made sure "Convert Media tags to markup" is NOT enabled in my input format
- Added an image through the Media browser

Now, when I switch back to plain-text, the inserted code is rendered html, and not Media markup code (ex. [[media]]....)

If I use wysiwyg.module instead, this works as expected. However, ckeditor.module provides more setup options.
Also, since it's not the Media markup being outputted when I'm using ckeditor.module, my output formatters aren't working.

Is there something I'm missing?

Thanks!