The preinstalled factory effect presets don't appear in that list anymore. These are permanent. You just see your own effect presets there plus other preset types (input, output, amp, cabinet, stack).
You picture doesn't show the editor area. Do a right click on one of the eight effect modules and select an effect by category, type and preset from that menu. Here you find the factory effect presets.
The advantage of this new structure: Every user automatially enjoys an up-to-date and complete set of factory effect presets corresponding to the OS version installed.