Making everything smaller doesn’t make it nicer.
Yes, the new design is better. To me. You might disagree, but that’s your opinion. Whether or not the site design is good is a subjective matter. You need not post thread after thread to express the same opinion.
The old design will not be coming back, regardless of how much people complain. So my suggestion would be to submit your suggestions, post if you find a bug, and continue with your lives. It’s not the end of the world when a site changes their design. (Except Facebook.)
Lastly, allow me to direct you to this blog post.
I was just about to post something similar, Shadow, so instead, I’ll just post: