I do have a down arrow, which takes me to a sub-panel listing the devices, but also I can long press on the icon to go to the full list.

Personally I think the down arrow is way too small for me to press so I always just long press the icon anyway.

Ok then my memory was correct about the versions at least. Long-press or not, the arrow is still a great indication that there's an action besides a single click - wish everyone implemented something of the like.