Hi Paulvdh and Rene,
The way it worked previously was the program would automatically show the local rats nest for a given component as soon as you executed a M command to move the component. That ratsnest stayed visible until you plunked the component down. It was great and lends itself perfectly to doing layout and initially placing components.
In the new version, the only way I have found to show a local ratsnest is to separately going over to the menu to click the button Paul shows above, then clicking the component with this tool (crosshair cursor is now shown).This is TWO extra clicks and clicking a menu, plus as soon as I execute the M command, that local ratsnest is not showing. So, much much less useful than before.
Clearly there is a difference in behavior between the 2 versions… Am I explaining this well enough?