I hate this, by adding this functionality (which is nice to have of course)
Apple has removed the ability to right click a document name and produce a folder hierarchy tree to show in finder.
I used this feature daily, many times a day.

This is a big deal losing that kind of thing, thankfully it's only affecting apply programs like TextEdit right now, but I dread losing it in everything from Photoshop to a simple text program.

For me in TextEdit, control clicking or command clicking the file's toolbar icon shows the file's folder hierarchy. Clicking on one of the listed folders opens the folder in Finder.

10.8 2011 MBA

Not to fear: You can still right-click (ctrl-click, two-finger tap) on the title of a file and get the folder path.