It seems inconsistent that whereas I can edit Epic from within an issue, I can't edit Version. Must I rely on a delicately coded (works when Version details are closed, not open) drag and drop method?
Are you working with a Company Managed project or a Team Managed project?
In a Company Managed project (which is what I work with) the field you need is the "Fix Version/s" field, specifically. That is the field getting set when you drag an issue to the Version in the Versions pane on a Backlog screen.
I don't know conclusively why Atlassian chose the name they did, but I would suppose it is because there can be multiple fields where the version info is used, like Affected Version/s, Target Version/s, and others that can be created as custom fields.
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