Membershipadmin overrides Access Level setting

Reysbro
Sophomore
Just Getting Started

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Hi,
I have a problem with the "This user has access to administer the Membership system" setting in the user editing menu, and Access Levels in Membership.

This setting overrides any access-level settings.

I have a user that has a certain access level that allows basic site operation - similar to Editor in permissions. Regardless of what I permit/disallow in the Membership/Access Levels for this user, he doesn't see the Membership menu in the admin.
I basically only want him to see the "All Members" menu item (so he can keep track on how many members per subscription level there are).
If I set the option "This user has access to administer the Membership system" in the user profile, it overrides any access level settings and gives the same view as Administrator.

Is there a way to allow a non-admin user access to the "All Members" tab while keeping the access level settings for that user?

Thanks,
/y