Wohoo, I almost restored the old menu functionality by doing the following:
1. Add this to your skin.css file:
.dnnActionMenu{margin:0;padding:0;position:absolute;float:left;z-index:906;color:#000;left:-10px;top:10px;width:480px;}
.dnnActionMenuTag{background:#FFFFFF;background:-moz-linear-gradient(top, #FFFFFF 0%, #FFFFFF 0%);
background:-webkit-gradient(linear, left top, left bottom, color-stop(0%,#FFFFFF), color-stop(0%,#FFFFFF));
filter:Alpha(Opacity=0);
display:block;padding:0px 0px;border:0px #FFFFFF solid;border-radius:0px;-moz-border-radius:0px;line-height:16px;height:16px;font-weight:bold;font-size:11px;min-width:65px;cursor:default;}
.dnnActionMenuTag img{display:block;float:left;padding-right:0px;}
.dnnActionMenuTag span{visibility:hidden}
2. Replace images/manage-icn.png with manage-icn.png at
http://s2.postimage.org/26ezv1d44/man... or