Diferencia extraña entre $ _ y [parámetro (ValueFromPipeline = $ true)]

He llegado al borde de mi PoweShell-fu. ¿Puede alguien explicarme por qué estas dos funciones actúan de manera diferente al canalizar una matriz de matrices? Todo lo que es diferente es si estoy usando$_ o[parameter(ValueFromPipeline=$true)] $input para llegar a la entrada canalizada. Esperaba que esos actuaran de manera idéntica en esta situación.

$pairs = ('a', 'b'), ('c', 'd')

function dollarUnderscoreFunction
{
    Process
    {
        Write-Host "`$_[0] = $($_[0])"
        Write-Host "`$_[1] = $($_[1])"
    }
}

function pipedParameterFunction([parameter(ValueFromPipeline=$true)] $input)
{
    Process
    {
        Write-Host "`$input[0] = $($input[0])"
        Write-Host "`$input[1] = $($input[1])"
    }
}

Write-Host "`$pairs:"
$pairs | foreach { Write-Host $_ }

Write-Host "`nRunning dollarUnderscoreFunction`n"
$pairs | dollarUnderscoreFunction

Write-Host "`nRunning pipedParameterFunction`n"
$pairs | pipedParameterFunction

Salida en PowerShell v3:

$pairs:
a b
c d

Running dollarUnderscoreFunction

$_[0] = a
$_[1] = b
$_[0] = c
$_[1] = d

Running pipedParameterFunction

$input[0] = a b
$input[1] =
$input[0] = c d
$input[1] =

Salida en PowerShell v2:

$pairs:
a b
c d

Running dollarUnderscoreFunction

$_[0] = a
$_[1] = b
$_[0] = c
$_[1] = d

Running pipedParameterFunction

[ : Unable to index into an object of type System.Collections.ArrayList+ArrayListEnumeratorSimple.
At C:\Untitled1.ps1:16 char:8
+ $input[ <<<< 0]
    + CategoryInfo          : InvalidOperation: (0:Int32) [], RuntimeException
    + FullyQualifiedErrorId : CannotIndex

$input[0] =
[ : Unable to index into an object of type System.Collections.ArrayList+ArrayListEnumeratorSimple.
At C:\Untitled1.ps1:17 char:8
+ $input[ <<<< 1]
    + CategoryInfo          : InvalidOperation: (1:Int32) [], RuntimeException
    + FullyQualifiedErrorId : CannotIndex

$input[1] =
[ : Unable to index into an object of type System.Collections.ArrayList+ArrayListEnumeratorSimple.
At C:\Untitled1.ps1:16 char:8
+ $input[ <<<< 0]
    + CategoryInfo          : InvalidOperation: (0:Int32) [], RuntimeException
    + FullyQualifiedErrorId : CannotIndex

$input[0] =
[ : Unable to index into an object of type System.Collections.ArrayList+ArrayListEnumeratorSimple.
At C:\Untitled1.ps1:17 char:8
+ $input[ <<<< 1]
    + CategoryInfo          : InvalidOperation: (1:Int32) [], RuntimeException
    + FullyQualifiedErrorId : CannotIndex

$input[1] =