No this is not a change of address form that everybody hates to have to deal with when they move. But it is a change and it has to do with how Addresses in BVCMS work:
What@! you say? No more Verify Button!!
OK OK, hang on there, it is now automatic! The way it works is to always validate when you press Save Changes or Submit. It does this in three places:
So here's what happens, when you save, it will check the address against the USPS database and if it finds a match, it "normalizes" the address using the standard USPS abbreviations, zip+4, etc. Then it will update your fields and show you an "error" message of the change (really just informing you). At that point you can save again and it will complete.
If you use a country other than United States, it will not validate and save regardless of what you have in there. That is why we have a special Country of "USA, Not Validated" that you can use to override this behavior.
Read more about address verification on the wiki