Currently only the custom fields that are at the specific product level are available to be bulk edited. It would be very beneficial to also include the inherited custom field data to be bulk edited. Instead of being able to bulk edit ideas, I had to individually edit them to change the inherited field data.
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Just Launched! — Make Bulk Changes to Your Product Roadmap Data
Bulk editing is now available in nearly all list reports. This allows you to quickly update most of your records including goals, initiatives, and ideas. This also includes custom fields that are inherited from a product line layout.
Learn how to use a list report to bulk edit your product data.