I know they will tweak things as time goes on so I'm not too disheartened.
As a casual user (former developer back in the goldrush days of mid '97), I immediately felt like I was getting more interesting information. That's just one opinion obviously. I'm not sure why you say less people will see a note... I don't see any evidence of that. But clearly it seems things are simplified and content is fresher, these two factors can only benefit them with their target audience.
I will agree with you that the new design needs tweaks. They do need to bring back enough configuration to suit the power users needs. Overall though column arrangement of Filter Buttons, Firehose, Highlights strikes me as a move in the right direction engagement-wise.
Users who are more engaged than that see a stale homepage.
Facebook is pretty data-driven, so I'm sure that have a whole suite of metrics that tell them this is a good move. At least I hope so.
Before this update I checked my newsfeed fairly often (4 or 5 times an hour) and it was usually updated.
Last night after the change I saw maybe 2 or 3 new additions in arond 2 hours (even though I was hanging out on specific friends profiles and watching their new content from there). A lot of stuff never made it to my feed. :(
Making it so that every time you reload Facebook you get new, fresh information should increase the frequency with which people return.
Facebook has been following (and sometimes leading) this trend for a while. Pre-newsfeed how often did you check Facebook? Pre-v2-homepage? Pre-current homepage?
They're trying to turn everyone into hardcore, super-engaged users.
Agree, disagree, thoughts?