Using IC61 Schematic Editor.
In an open schematic I select "Edit -> Component Display" and on the Edit Component form I select 'parameter' for "Select Label" and under Parameter Labels I select 'library' for "Apply To" and then operating point and DC.
When I select a device from the schematic the form automatically switches to 'parameter' and 'full'. If I manually switch it back to 'operating point' there are no Display values listed.
Another user pointing to the same data with the same version of virtuoso is able to list several labels and select numerous OP parameters.
Why would this form behave differently for different users?
The annotations have been revamped in IC616. The important menu is now View->Annotations (or RMB->Annotations on a blank piece of the schematic, or over an instance). You can turn on many things easily from there, or there is the more comprehensive View->Annotations->Setup form which is much more powerful than the old Edit Component Display.
We still need to work out a few use model improvements, but the framework is there to allow you to do all sorts of things more effectively. For example, it now: