The popup menu allows several operations to act on a node:
call up the vulnerability assessment window.
label the node, using one of the 8 available labels.
change the icon of the node, depending on the current icon set.
For nodes that belong to a node class:
change the type of the node (e.g. from a wireless link into a cloud).
duplicate the node. This will create a node class.
delete the node.
Changing the node type can be used to correct a mistake, for example to convert an equipment item into a cloud, if you notice during your analysis that the situation is more complex than you previously thought. Note that the vulnerability assessments will not be preserved when changing the node type. Typically, it is not possible to preserve vulnerability assessments, as nodes of different types tend to have very different default vulnerabilities.
Changing the type to something different and back again is a quick way to reset all vulnerability assessments for that node.