Well, the situation with this version is even worse than I thought.
Today, system tray icon is showing grey (apparently as a result of the Microsoft KB issue); however, upon looking at the settings in the Agent (elevated command prompt avagent -SHOW_UI), I am seeing things that simply do not make sense.
There are now scheduled tasks, whose settings can't be controlled via the Partner Management Console or the hostedendpoint.spn web page

There's more, including the 30-day report, which a cloud-based user can't even see!?!?

And finally, the error that got my attention in the first place, there is indeed advertising!

This, I was told earlier, had been eliminated, yet has managed to find its way back.
I am horrified that these settings are on my clients' computers. As a Managed Services Provider, I use an RMM tool to take care of scheduled tasks - and I don't expect a third-party product to be introducing a completely new and totally ungovernable set of them to my client base.
I certainly don't expect the software to affect the performace of an end-users computer without my ability to control what does, and what doesn't, occur.
And I absolutely want the software to respect my clients' right to privacy from ANY kind of advertising.
Symantec, you have finally gone way beyond what your product descriptions say about this cloud-based product. It really is time for me to find another solution that doesn't have this stupidity associated with it.