What you are referring too Lance is
easy exposure compensation ... no special feature and Nikon have had it on this level body since the D70(that I know of).
Firstly: Menu item b3, it's
easy compensation, it's set to off, you want it on, set it to on.
This is what you are referring too.
My confusion as to why you refer to it by the specific command dial, is most likely due to the fact that you shoot in Shutter Priority for most of the time.
What you describe is true in Shutter priority, but in Aperture Priority mode, you (easily)compensate by tuning the rear dial(command wheel) instead.
All Nikon's at this level and above work in this manner.
I thought you had a special feature on the D700 where you could set easy compensation adjustment to only work via the front dial(sub command wheel). <- hence my confusion.