We've replaced the options dropdown menu with a customize button (the "gear" button to the right, on the subnavigation) that slides down our new preference management panel, which is divided into two halves. The settings on the left are identical to the previous dropdown. What's new are the album filtering options to the right, which work pretty much the same as the controls on advanced search. Right now filters are in effect on almost all pages except artist discographies and collections.
Advanced Search doesn't enforce the filter, but your settings will be pre-filled on the search form.
By the way, you can click the customize button again to slide the preferences back up, if you're just changing language displays on the fly.