I don't want to sound like somebody who cries "Waaah, change is bad!" every time something changes, but this new look is not at all appealing. It's incredibly overcrowded and busy feeling, with a bunch of clutter detracting from what should be the sole focus of the page - the single daily deal. The top bar has nothing useful, and is simply a duplication of the right-hand list of deals on the sub-woots. Given that the right-hand list gives images and you can mouseover, the top links are completely pointless. The multiple-column layout of other stuff (Woot Plus? Really?) on the lower page just screams "desperate product hawking" and is an intrusion on the classic charm of the easily readable, easily navigable, old-school design. The previous design was simple and honest; you inherently trust a site as unpretentious as it was. This new design looks like every other spammy sales site, and let me be honest - I would navigate away the moment I saw it, if I wasn't already familiar with the woot brand. If the old design was a local mom-and-pop shop, this new design is a Super-Walmart moving in to crush the proprieter's dreams. There is too much duplication on the site as well, with the same links not only appearing on the top and the right side, but at the bottom as well. The social networking buttons are far too prominent, and the Woot Plus feature feels more like an outside banner add than a valid internal sales link. The most distinctive thing that made Woot the sort of great community it is, the witty write-ups, has been crushed in to a tiny corner and must be clicked through to expand. Finally, having the site restricted to a fairly narrow width (1280 it looks like?) is fine when you're dealing with content that matches early low-res html designs, but with such a busy and supposedly modern take on layout, not allowing it to expand to fit a larger resolution is horrible - the site is now nearly 50% white space, with a dozen pictures advertising an equal number of products all crammed in a narrow column down the middle, with all the useful information either off screen low, or hidden behind "read more" links.
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tl;dr version:
The old site was simple, and that's why it worked. The new site is unnecessarily busy, hideously ugly, and maintains none of what made Woot great.