I still say the new look is sexy. However, after poking around for a couple days I've come to the conclusion that this new set-up is pathetic. Keep in mind, I don't even care about Friends, or Subscriptions and all that social stuff. If you strip all of that away the new layout is still pathetic.
I just deleted all of my videos from YouTube and will move them to my Vimeo account. I'd delete my channel if I could figure out how.