Anyone else hate the New Desktop Outlook?.

No, your not alone, I hate it as well.
And I fear the day they will deprecate the "Classic" Outlook, like they call it. I would suggest to call it the mature Outlook.

In Admin Message center, on (almost) every post I'll give them thumbs down and remind me of the list of issues I collected so far:

• No drag & copy for (older) appointments
  It is not possible to drag and copy existing appointments, such as Regular maintenance or Lunch.
• No keyboard shortcuts for categories
  Users cannot assign keyboard shortcuts to categories (e.g., setting F2 for Regular maintenance).
• Scheduling Assistant reduces available screen space
  When creating or editing an appointment, the Scheduling Assistant remains fixed on the right side of the screen, which takes up a significant portion of the workspace.
• Save shortcut closes appointment
  Using CTRL+S to save an appointment automatically closes the window, even if the user intends to continue editing.
• Missing search function
  The option to search the calendar by Subject or Notes fields is no longer available.
• Support for PST-files is limited.
• Support for multiple Shared mailboxes is limited.

I really hope this issues will be fixed before the real Outlook is deprecated.
The New Outlook is just OWA on a little bit of steroids imho.