I think they moved it as a performance hack, I have yet to find a way to bring it back.
As Charley stated it was moved to improve performance. If your database server is local, you do not see much of a delay but if you are 3000 - 4000 miles (~4800-6400 km) away, it can take minutes (PDM reads the database server everytime the menu items are displayed. I can give you two workarounds. Assign them to a shortcut key or to a mouse gestures. Although I have not done this myself, we have several users at work that have and I have not heard of any issues.