Changing network location on Windows 8 and 2012

Is it just me, or has somebody at Microsoft really dropped the ball on network location setting? When a Windows computer detects a new network, which it has not be attached into earlier, it pops you the question and asks about how to profile the security in that particular case. If everything goes ok, there is no need to change anything. However, when you install your computer, you don't get to answer that. Also, there is commonly known that people make mistakes. What if you simply fumbled the question and clicked wrong.

In Windows 7 the setting is simple:

You go there, click the value and select a better one. In Windows 8, Windows 8.1, Windows Server 2012 and Windows Server 2012 R2 that is not the case. The setting cannot be changed. Period. Wtf?

There is a way to change the setting. I found this article with Google: How do I set my wireless network to be private instead of public? The "Easiest" and "Most direct" are crap, IMHO. The part with Local Security Policy seems to work:

That seems to be working from Windows 7 onwards. Whose bright idea it was to make the change that difficult?