This issue has been reported before. For More Information see: FMPA 11 Drop-Down List Bug 1
This is one of many acknowledged bugs that can be found in the Known Bug List here in the Report an Issue section of the forum.
It can also be downloaded as a database file from: http://www.4shared.com/file/8orL8apk/FMP_Bugs.html
For my money, even the "type a few letters really fast to scroll down feature" was always way too clumsy. There are a number of options, each requiring some degree of scripted support, that are much more user friendly.