The early indication is 2.6 will bring Press it back- but, maybe, it’s called “Press This” now.
WordPress 2.6 Beta 1 :: geek ramblings
The return of the â€œPress Thisâ€ bookmarklet (find it in the sidebar of the Write page). Drag the link to your browserâ€™s bookmarks toolbar, and use it to quickly post about sites you visit.
Yeah- no more need to do the workaround I posted here: