VS Code Disable 3-way Merge Editor

There has been a lot of comments regarding Microsofts decision to change the default Merge Editor in VS Code. See this Github Issue that blew up: https://github.com/microsoft/vscode/issues/157361 🔥

TL;DR
To switch back to the regular Merge Editor make this change in your settings.json

"git.mergeEditor": false

Also make sure that merge-conflict.decorators.enabled is true (which is the default). In my feverish attempt to disable the new 3-way Merge Editor I flipped a couple of switches I shouldn't have... :)

Btw, there is a PR to change the default back to false: https://github.com/microsoft/vscode/pull/158544

Update: The PR has been closed. It seems the VSCode maintainers are determined to use the new merge editor, but make it easier to switch back.