To protect against device loss or damage and to provide anywhere access to files, we recommend storing them in Office 365. Last June we announced https://aka.ms/TechCommunity/KFM (KFM) in OneDrive fo...
Updated Jan 25, 2019
Version 1.0
Blog Post
MaryB To be clear that's only true if you've used CTRL+S, or the QAT Save icon, or File > Exit with an unsaved file AND the folder you want to save in is neither your default folder (which you can select) nor any of your last 5 or 6 most recent folders.
So, yes, if you press CTRL+S and want to save in a folder you haven't saved in lately, then you'd have to click More save options and you'd then be presented with your current longer/pinned list of folders.
If you're in the habit of using File > Save/Save As to initiate your save, then you still have the current experience.
Out of curiosity, how many folders would be considered a reasonable number for the dialog? It's possible the team can look into making the list longer if there's enough feedback that customers want that.