InDesign "feature" I need help with

I turned on hanging punctuation ("Optical Margin Alignment") and noticed 
that this resulted in bullets being misaligned.

My workaround: Create a secondary text frame style to be used for 
bulleted lists, with hanging punctuation turned off; shorten the basic 
text frame to just above the first bullet; thread the text to a new text 
frame (of the bullet variety); size that to the length of the list; 
thread that to a new basic text frame.

Obviously, this is a PITA. Am I missing some obvious way to have my cake 
and eat it, too?