Yes, the FAA SAIB NM-18-33 mentions 737 airplanes with fuel control switches being installed with the locking feature disengaged but does not explain the actual meaning of that. It later lists other Boeing models with different but similar toggle switches recommended for each.
These switches are advertised as military grade and probably last for decades but may break or get damaged like anything else. The final paragraph of the recommendations section eventually says: "we request that owners and operators report any failure of the locking feature of the fuel control switch to Boeing". This is the first use of the word "failure" in the report and implies that the switches should be initially installed as the specified, functional (lockable) units, which must be the case.
There is no definition of the "disengaged", what that means, or if it's even an option?