That's not what "scrolling" generally means. And if your cursor has a decent acceleration curve applied to it, the potentially long distance to the menu won't matter unless the menu is at least one large monitor away.
well, its a tad bit longer than the NeXTSTEP menu near the window and OS X doesn't allow tear-offs. I find it irritating and stupid compared to what NeXT had. There are quite a few things they dropped in the conversion from NeXTSTEP / OpenStep to OS X that I miss.