This just came through Blackbaud's suggestions site:
planned for release
Partial Solution Implemented Open For More Feedback → Planned For Release
First class contact information on the constituent record (no longer nested under addresses) will be included in the Q4 2014 Raiser’s Edge 7.94 release.
As you can see, this is a pretty hot topic. I can't wait to use favorite import tool - ImportOmatic - with this new functionality!
This is a life changer!!