The button block is very good, except for the File vs Workspace button which leads to confusion.
If I look at the below image, is this button telling me I am in File Simulation mode OR that I will go into File Simulation mode if I click it?

With very few exceptions, buttons should describe an action resulting from the button push. In the case of the above button, a radio button or toggle button would be more appropriate for describing the simulator File/Workspace state.