The problem persists in the newly released Workstation 12. Disappointing!!
Similarly, even though I upgraded to the latest VMware tools (i.e. VMwareTools-10.0.0-2977863.tar.gz), I still get the warning of VMware tools having not been installed (Ubuntu 12.04 guest).
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Edit a few moments later: I ran the new vmware-install.pl, which asked me to remove the installed:
open-vm-toolbox
open-vm-tools
Then I re-ran vmware-install.pl, restarted the guest GUI, and now copy-and-paste is working both directions, at least for the time being!