Favorites in the Finder?

I'm trying to get moved to Panther and can't find a way to enable the Jaguar hot key for the Favorites folders (cmd-shift-F). The whole menu item has been replaced with the Utilities folder and I'm trying to not to fuddle in a system plist. There has to be a straight forward, dynamic way to deal with this nonsense.

For me, popping up the dynamic and constantly shifting top level hierarchy I tinker with works as a jumping off point. The side benefit of using the Favorites as a Finder navigation jump off point is that the same jump off point shows up in dialogs. Losing it leaves me back at my home directory, and I accumulate quite enough messes there.