no, the feature still exists. This right is controlled via function profiles. However, you can also assign it to a single User.
To do so, open the Web-Configuration. Navigate to "User Management" and click the User who needs the right. Next, Select "Function profiles" and scroll down a bit. There is a checkbox called "Assign functions directly" - check this one. Now, when you scroll down further, you should be able to assign the right "Edit select lists" to this user.
Hope this helps.
Greetings from Germany,
Simon H. Hellmann
DocuWare System Consultant