I've went from hate to love.
I love the one click subbox on the right, that will prove wonders for me as i've negotiated placement with some high ranking channels!
I went to my parents and showed my mother the new layout and she thought it was more intuitive, she's fairly familiar with my channels but not youtube in general.
I showed my dad the two channels (mine and epicmealtime) and he MUCH preferred the new layout!! (not really familiar with youtube)
If this means youtube will attract new listeners for my channel rather than appealing to the existing crowd, as a content producer i'm alright with this.
I'm totally down with this layout, i've already contracted out a designer to do up the gfx.