I agree with most of your comments. I think it would be a good idea to revert to the old site until the new design changes can be implemented. If we have to spend more more money for less functionality and wait months for the improvements, I along with many others will simply look for other sites.
We are consumers. This is a business. They shouldn't make changes that send things backwards without a proxy or sample site up first for user feedback. Coming from a development background, these are not major enhancements that will take months - at least the latest 50 updated list can be implemented quickly.