When you hover over an item in the recent items menu you get a hint message in the format:
"Location: [FILENAME] ([PATH])"
If I'm hovering over an item it's usually because I'm trying to remember what/where it is, and the filename is already clearly visible, so it's really the path I'm after. And the word 'Location' isn't needed. A more useful format would be:
"[PATH]\[FILENAME].[EXTENSION]"
This would be expecially helpful when hovering over a bunch of files looking for one which is in a particular folder.