I just installed version 11.0.1 and the problem is not solved. Instead, the show fonts line in the Format Menu disappeared. It is still there but inactive (shaded)... Too bad
Me too, very annoying. Of course, if you are changing the fonts of, say, a single text cell, then this can be circumvented by opening the option inspector and setting fonts in the format section. Clearly, this will be fixed hopefully soon.
I can confirm This behavior. I'll send a bug report to Wolfram.