Keep in mind that holding a patent allows the patentholder to prohibit someone else from importing, making, selling, or using some product or practice.

The MIT license gives you the rights to "use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software", and that's not even exhaustive. (See "without restriction" and "without limitation".)

Is there something missing from the second list that you think needs protection from the powers granted to patentholders (the things in the first list)?

Many argue that the difference is between the old explicit grant (which was one-sided) and the new implicit grant (which is more two-sided). Reverting to BSD doesn't remove the fact that the explicit grant was revoked, so the real comparison of one sued is BSD with no inplicit grant to MIT with an implicit grant.

Literally is true. In the presence of patents BSD license alone (and MIT, too) would basically mean you’re infringing on their IP, and they can and will bring action against you on the basis of your use of their software, even if your legal action against them was over completely unrelated patents.