MicroStation CONNECT Edition Update 7 introduces a new "Edit Item" dialog for an easier and quicker way of editing Item properties.
When you right click on an element, the "Edit Item" option is shown if there are one or more item types attached to it.
You can easily select which Item Type to edit using the drop down menu at the top of the dialog and search or filter only properties with an already assigned value. The Edit Item search will return results from both property names and values.
In the future it will be possible to add additional filtering criteria.