Yup support is already looking at it. I figured the 19000 odd folks on this forum have a wide variety of experience between them, someone has gotta have run into this. I will keep this post updated with what I find. ThanksAbhijeet
I agree that the described behavior contradicts documented Use Case (or at least my understanding of it).Still, while Support is looking have you tried to set "Location dependent" Access explicitly?GUI, Administration Tab->Roles and Permissions->Manage Roles. Select a Role, you should get custom Menuoptions. Check the Collection you need for this Location/Role
If the OOTB menu item is unchecked, the items appears greyed out. But if the Custom menu is unchecked, the item does not appear at all