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I personally LOVE the NXE. Not only can you visibly see your online friends, you can see the avatars of the people that they are chatting with. With the quick push of a button, you can join their party and chat with them.

Netflix is ok, I really wish their was a bigger library. But it's free with my regular subscription so I'm not complaining.

The avatars are pretty cool. I think they're nicely detailed. I actually made one that fit my style almost perfectly.

Installing games is great, no jet engine sound while I'm deep into a game.

The one pet peeve I had with the old dashboard was when you were in a private chat and someone sent you a voice message, you had to leave the chat, listen to the message, then go back into the menu and rejoin the chat. This no longer happens with the new dashboard. Another old pet peeve was that when you hit the guide button when a friend was signing on, you'd go into their profile. Very annoying.

I dont get why people are complaining about this update. It's a more streamlined experience with additional options. If you don't like it, don't use it.