I can't find defaults in the toolbar tab in blueprints. I'm using 4.7.1. Can someone show me where it is?

The three modes were eliminated in an effort to make the Blueprint Editor more efficient with screenspace. Here’s a screenshot with the defaults panel selected. On this release notes page there’s a little more information (ctrl+f for “redesigned blueprint editor”).

Thanks for posting a question, I couldn’t find it initially either and had to ask someone in the office.