Just installed a fresh copy of Ubuntu.
I wonder if it's possible to enable two fingers and edge scrolling, both??? I think I had this on Xubuntu. BTW, I have Ubuntu 12.04.1 LTS with Gnome 3 installed.
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By now I must say I got used to these ubuntu limitations. I just use two finger scrolling. But when I followed the link shantanu provided, the long gone desire was back! And I successfully set it up. I describe how so it will be all at one place.
First create a sh with the needed command:
echo "synclient VertEdgeScroll=1 VertTwoFingerScroll=1" > /home/user/touchpad_settings_upd.sh
Set it as executable:
sudo chmod +x /home/user/touchpad_settings_upd.sh
Tell ubuntu to run this file every time GUI starts:
gsettings set org.gnome.settings-daemon.peripherals.input-devices hotplug-command "/home/user/touchpad_settings_upd.sh"
Works nice, so I think I'll stick with this from now...