Ok, reading that answer and the comments: All the other proposed solutions require more mouse clicks and/or page refreshes, so I expect that it will come back in future releases, and - because the mechanism and the database-tables are not removed - I hope that third parties come with a theme that restors it in full glory:
Lesson learned: Removing options helps teachers to move to other platforms:
I remember a story at an educational institute that switched from a very sophisticated word processing system to a very simple one. When external experts asked the managers why??? they got the answer that the simple tool had more options. (Taking a closer look: the IT department had switched off many options in the beatiful tool, fearing that users could not handle these options.)
This Moodle design decision triggered this story from the 1980's in my memory
