I never go to the twitch frontpage. I rarely use the mobile app.
In the old design I was able to browse /directory/all and see a full list of streamers I follow on the right. I've seen all the big streams and everyone I care about and could easily switch and select.
Now I only see the top 5 followed streamers on the left, so I need to browse /directory/following/live to see everyone. If it was one click to get there from /directory/all, I would not care at all. But from /directory/all I can only reach /directory/following, where I would see the top 7 of my following and a "view all" button that leads to /directory/following/live.
I miss the list on the right hand side. There was a button to hide, just like with chat. The UI for hiding chat is still there.
Con: I no longer see large streams that are the hype of the day and/or events, unless I already follow or switch to /directory/all.
Aside from the moving and relocating of features, I think the new design looks better. But I wish the directory & followed people were accessible like before.
I don't want to have multiple bookmarks.
Conclusion: 1 step forward (looks), 5 steps back (accessibility)