Somewhere in the 5.0 chain the UI changed for the linking function.
Start linking, and the UI shows the bar as you described.
During this time, you can still link Insteon devices by pressing the SET button on the device (or the KPL button on a KPL)
When you are done linking devices, click FINISH on the UI and the devices will be added.
If the bar reaches full right, the Linking function times out and ends.