Wow, just found this out. So now if you have Windows 7 OR Server 2008 or above you can't change folder/file permissions when selecting multiple folders... read more about it. I'll update if there is a GOOD solution.
Update: Apparently it was purposely removed, according to this thread in the Server forums... http://social.technet.microsoft.com/Forums/en/winserverfiles/thread/dbfa011b-7c27-4e1d-b1a4-f0f8839b2d46
