Thanks for all your feedback to 2.0.1. We would like to let you know that we are working on addressing all your great comments. In the next release we will ensure that the update process is seamless, story scrolling is much more smooth, the edit button on the More screen is reinstated and that you do not lose any personally stored information.
Some people have let us know that they liked having Top News as the first screen as opposed to the new fully customizable Front Page. If you like the earlier version better you can either navigate to Categories > Top News and leave the application on this page. Alternatively you can switch off all categories other than Top News Headlines and switch the number of stories to download in Settings to 5.