Reza Rad shows off the new visual formatter in Power BI Desktop:
Where is the Format visual option in the new Power BI Desktop? There is a simple answer to this question, which I explained in this blog and video. This change applied from March 2023 version of Power BI Desktop, and by the time you read this article, it might be at general availability and the only way to format a visual in the Power BI Desktop.
I do hope they also keep the old way of formatting visuals, as there appear to be fewer clicks involved.