Dingbatt: Looks like some more info about 4.2.2 and sense 5 update, including long press for menu option, as well as other tweaks.
http://www.engadget.com/2013/06/01/htc-one-android-4-2-2-update/
Now to sit back wait while it is beta tested on European phones and then rolled out to us :-)
The long press menu option is a very good idea. you have ro wonder why an update is needed for a feature like this, and why it wasn't there to start with.