I am also on .230 myself now and other than a few minor things it is acting quite nicely actually. The other thing I am not sure I saw mentioned is the "large font' issue is gone! I am not sure why the Media icon is gone though (wierd) and app world not being in US dollars is live'able, but also strange (??). It does seem so far faster, but I am likely going on the road for work next week so going to watch stability VERY closely this week. I too am not sure I like the SMS format to be honest.
Apps that I have working are - Yahoo IM, Google Maps, ScoreMobile, Weatherbug Elite, Yahoo Fantasy Football, Lotus Samtime, AppWorld (mostly
As of now ... no reason to move back to 4.7.x