Some n00b WordPress developer apparently thought it would be funny to remove the Image button in the WYSIWYG editor. Well it isn’t. Do you have any idea how often I insert images into my posts? Often enough I shouldn’t have to tab into HTML mode and do it manually.

I don’t use the WYSIWYG editor…so I may not notice. Did you check if there is a “media button” instead?
There’s been a media-button thingy since 2.5 for uploading an image. But normally I throw it on Tinypic or another image host, then use the Image button and paste in the URL. A lot quicker than doing it manually.
Oooohhh…. They moved it to in the Media function. There’s a “from URL” field now.