I know I can use chmod and advanced chmod but they do not offer me a way to recursively change permissions on the filed and folders. Panelize seems to be able to do that. However I seem not to get any results if I select files with Ctrl-t and then choose panelize.
I don't know what the command "Panelize" in Left/Right menus does. It's not documented and I've never made it to work.
The only working "Panelize" I know is in "Find file": F9 | Command | Find file. Find, get a list of files, press "Panelize", get a panel full of found files, work with the files.
If you just need to run chmod/chown on a few directories recursively without excludes it's faster and simpler (for me) to run the commands in the command line. Tag (select) directories and run (for example):
chmod -R u=rwX,go=rX %s
chown -R root.root %s
%s will be replaces by the list of tagged directories/files or the current one if none is tagged.