IMHO the right-click menu these days seems to get better, at least I can find "Open with Code" or "Open in Terminal", etc. Except that I need the old menu to create a desktop shortcut occasionally.
The new context menu is so awful. There is zero reason in this day and age for a context menu to take multiple seconds to pop up. They didn't even really improve on it in any meaningful way.
I want to opt out though. I use 7 zip all the time and I don't want this menu that can't have 7 zip...
Just use NanaZip
In my Windows 11 right-click menu, I can choose "Show More Options" at the bottom and then Send To > Desktop (create shortcut).