Reading so much negativity I would like to say that the first impression was quite epic TBH. I like it. The video kind of gets you into the mood.
Functionality wise I personally might no use it much but I like the aesthetic, how it shows the news and the module manager. I can see how a newcomer will have a first great impression.
I have not noticed anything wrong regarding crashes, instability or bad behavior in general. In fact, for me, this version runs like a charm: the terrain stuttering had disappear and the frametime is rock solid (edit: for the record, in VR).
For the power user out would be great if ED could eventually integrate a launch manager: to automatically launch all those programs we use, like simshaker and such