Blog Permission requires 'Manage List' level just to edit a post

Question

SharePoint 2013
I'm posting this is a few flavors all over the internet because I'm not getting any responses. Basically I feel their is a bug in that a user that has contribute permissions can not edit a blog post because the "edit" menu option does not show.
To reproduce, you just need to log into a blog with Contribute rights only which gives you the ability to edit a item, but DOES not give you the ability to manage the actual list. You will see that the Edit menu does not show in neither the summary page
or the Post page when looking at a specific post.
You can however manually change the URL to the EditPost.aspx page and it will let you edit. It is as if the "Edit Menu" is linked to the "Manage List" permission instead of the "Edit Items" permission.
Standard users should be able to create post, edit post, but not change the settings of the entire Blog Post library!

Answer 1

Danny.. sincerely thank you for trying to help. This is very frustrating.
So to make sure the problem is not something I caused, I've been doing all this on a clean Win 2008 R2 Virtual Machine. I then perform nothing special and simply do the following:
1) Install SharePoint Foundation 2013 - Stand Alone (although this problem also exists in my Domain Farm as well as my trial version of Office 2013). As part of the install, I do install the required March CU (KB2768000) but no other SharePoint\Office
patches.
2) With no other changes but the fresh install, I open Central Admin  --> Create Site Collections --> myBlog (via the Blog Template)
3) I then go to {/sites/myBlog} --> Site Settings --> Site Permissions. I then add the following test accounts as such....
   myBlog Owners (Full Control) <-- SPOwner
   myBlog Members (Contribute) <-- SPMember
   myBlog Visitors (Read) <-- SPVisitor
4) Verify (which is the default) that Site Settings --> Site Libraries and List --> Customize Posts --> Advanced Settings --> Create and Edit Access = "Create and edit all items"
... Now I sign in as each of the 'test accounts' and the results are as follows.
spOwner = Home page DOES show the Edit link next to the "email a link" option for the "Welcome" Blog Post.
spMember = Home page does NOT show the Edit link next to the "email a link" option for the "Welcome" Blog Post.
spVisitor = Home page does NOT show the Edit link next to the "email a link" option for the "Welcome" Blog Post.
... Now if I add the "Edit Permission" to the Members and Visitors group the Edit link DOES show. However, for both accounts (SPMember & SPVisitor), I can now do the following...
COG --> Site Settings --> Site Libraries and Lists --> Customize Post --> Versioning Settings --> Require content Approval = Yes.
As a Visitor (now with Edit Rights) I was even able to COG --> Add an App --> {take your pick}
How scary is that ?!?!?!