When changing hotkeys you don't get a warning if the existing hotkey has already been assigned.
The warning you should get happens when you reset all key binds.
It informs you of any duplicate key binds when you click reset if any of your old key binds conflict with the original.
Picture of the message I receive if I press reset hotkeys:
The warning you should get happens when you reset all key binds.
It informs you of any duplicate key binds when you click reset if any of your old key binds conflict with the original.
Picture of the message I receive if I press reset hotkeys: