I hate this design. Too much white. Everything looks the same. It's hard on the eyes. Just awful. Title tags are way too big. Everything is competing for attention too much.
+ Huge title tags don't serve the user well - or SEO - looks like you have 60 characters now. But if title tags are important to telling Google what is on the page then it's not enough. + People don't read descriptions so we're all forced to have a few keywords on our title tags and ... whoah that's funny they all look basically the same! Ads of course can have any text (within the guidelines..) as the text isn't required for SEO to tell Google what the page is about.
+ Of course on a general note, the new shorter title tags make the organic results seem more like the ads (i.e. they don't have so much prominence now)
And of course, with every "improvement" is it any surprise that the organic results go down the page? Each time, just a little bit.. drip, drip, drip.. filters move from the side to above.. now more white space.. oh and why does telling me I have x number of results in x amount of time get so much space at the top?
Prediction - in 2 years, you'll only see two organic results.