Thanks for the tip explained step-by-step Nilsy Nils. I appreciated you took the time to list the process. 
While being able to add such a reusable set of settings for character and paragraph is a great feature to have, it's truly a major pain having to go through it in edits and revisions. The ability to edit directly those attributes should be present by default with the ability to create a collection of character and paragraph styles as an addition to rather than a replacement of direct editing ability.
For Adobe it should be a clear sign of "UI/UX friendlyness problems" when it becomes necessary to go through reverse back flipping and secret handshakes, to accomplish something that should be the simplest of tasks which users must be able to accomplish by no even a 1-2-3 process, but a 1-2 one: 1) Select, 2) edit attribute! Just sayin'! 
Cheers! 
tfbkny