In the menubar -> Edit you have the command Object which contain save and edit when you have selected an OLE object if nothing is selected, the item is empty. My suggestion is to move the Object group to menubar -> Format -> Objects, cause for Images you have save in the Format group, why should OLE be in the Edit group. Ok. Edit OLE is understandable that it will be in the Edit section but there is no reason to have save in the edit section. I know don't change cause of the change. The main reason of the change is that it's more consistent AND when you have the Edit and Save item in Format it's clear that you have to select the object first, now you get ANY information when you go to Edit Object.
While the idea is at least worth to discuss, I'm opposing all unnecessary changes regarding the main menu as we modify it way too often.
In principal I'm against this change but I'm working so rare with OLE objects that I want to see some comments from people who are using this regularly. What are users at ask.libreoffice talking about? Therefore an '0' from me today.
We discussed the idea in the design meeting. And as Thomas the tendance is to keep the status quo unless you have better reasons to change the menu.
I'd like to inform you again, that eg. chart object save as in cal is also in format and from my point of view there is no big difference between chart and object.
I would like to have comments from others that were involved in menu changes in the past like Jay.