New SharePoint Online Link web part rolling out now

It is disappointing that the Link feature blocks local intranet shortcuts (e.g., "http://shortcut/mylink.htm") -- it requires fully qualified names. Please fix this. Like many companies, we use internet shortcuts internally. Our SharePoint Online access is restricted to on-premise network.  The work-around is to either tell people to cut-and-paste the URL shown on the SharePoint Page (terrible user experience) or to use SharePoint Designer to manually edit the page (painful and not easy).