From the end users’ perspective, particularly mine, I feel there haven’t been many recent improvements. The change log is smaller in recent months. The roadmap looks the same since months. Features that have been requested for years are still (from what we can observe) not happening. They may be, but we have no way knowing.
While I can understand the mechanics of a major redesign, it feels as if offering new functionality in a smaller increments would show off progress to users more. Right now, all we have are promises.
Let’s also be honest, after such a major overhaul, the next iterations will focus on bug fixes, not new functionality, because things will break. Things that work fine today.