When your data is in 'geographic coordinates', the Calculate Geometry tool -- accessed from the Attribute Table -- is grayed-out. ...I thought I've always understood why, but maybe not..?
Because, if I access the Calculate Geometry Attributes tool from ArcToolbox, this restriction is NOT there.
In fact, I can even calculate the geometry (...say, Area in Acres or Square Miles) using Planar or Geodesic modes and a geographic coordinate system as the basis for that calculation.
Can someone explain this nuance?