Another very handy feature in QTP is that you can right over your code, where you have a Browser(...).Page(...).Link(...) object and choose "Object properties" option, which shows you a small screen to view its properties and a button to take directly into the Objects Repository, with your object selected.
Well, in QTP nothing can be too good.
Say in our example above, the .Link(...) has a regular expression such as .Link("text:=Search"). In this case, the option "Object Properties" in right click menu will be disabled for objects Browser() and Page() objects. Again, I have no idea why.
And even worse, if your Browser(...).Page(...).Link(...) is part of an IF statement (or any other statement), then this option won't be available at all. No properties will be available for any object.