Hello @bart_c,
I understand that for the advanced users, it might be a step back in terms of the ability to configure / fine-tune the product, but for standard users or even advanced ones it brings features for which there was quite high demand, like the apple silicon native version to name just one of many.
On top of that one user mentioned that the new version improved significantly performance of the time machine backups, which is often reported by users as an issue...
As I mentioned the version with the Advanced preferences available is to be release quote soon, so hopefully it will fit your needs and preferences...
Peter
NeilB received kudos from Peter Randziak in Cyber Security Version: 7.3.2100.0 Big backwards step