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As for my personal opinion...

Likes:

  • Faster loading of friends list, trophies, icons on the PS Store, etc.

  • Faster web browser.

  • Defocusing of background content.  It makes the transitioning between layers smoother.

  • Sparkles.

  • The concept of animated themes.  I haven't found any I like yet, though.
  • The new speed test when testing your connection.

Dislikes:

  • Gigantic font.  I'm not an old lady.  If nothing else, at least give me the option to return to the way I'm used to.
  • New friends list. It makes no sense.  Either make the boxes similar to the information bar at the top, or remove them.  At the very least have them serve a purpose other than taking up space.  Hopefully we'll see Trophy information and stuff there eventually.

  • News ticker. Why is it not otpional like the old one?  I don't care about the latest Queen tracks for SingStar.
    5-6 PlayStation Store icons that all lead to the same place.
  • "What's New" background loads too quickly, taking you by surprise when scrolling through your icons.  The Home and generic game backgrounds take a bit over a second to load, so they don't pop up on when simply passing by.
  • The "What's New" section also takes longer to start a game than the normal icon.  So what's the point?  The background is also kinda ugly, with the blue/grey color. They should make it more like the Store background.

The likes improve the functionality of the system, for the most part, so they outweigh my dislikes, which are mostly cosmetic.  However, I hope Sony fixes this stuff with the inevitable 3.01.