Sure, the edit for Monitoring Policies is quite handsome with the menus provided. It makes it easy for unexperienced users to work with the policies and it is also ok to edit the policies from time to time.
On the other hand experienced users, who work with the policies every day, are restrained in their progress because they have to click through the menues.
If there where an expert mode, it would help the experienced users to work faster with the policies. Maybe some kind of Structured Editor the solution. So they would be able to work with a policy like a document. But it should be a bit more "guided" than the bare JSON structure. It would be acceptable if the user would get a message "At your own risk" when editing a Policy in "Expert-Mode".