Hi Ralph,
I spoke to our deployment team, and it appears that you have another thread started on this problem,
http://forums.java.net/jive/thread.jspa?messageID=376084
in which Ken Saks explained that the apparent regression occurred because in v2, component defining annotations were not processed when occurring in archives in lib. Please follow the recommendations in that thread for repackaging your app. The problem you are seeing in the linking of policy contexts, appears to be because the component annotations are not being fully processed when they occur in an archive within lib. as such, the policy subsystem, does not find the corresponding ejb policy contexts when it performs the policy linking.
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http://forums.java.net/jive/thread.jspa?messageID=376499