Lots of people are posting opinions on this from Marshall Kirkpatrick on TechCrunch to Robert Scoble on Scobleizer to Richard McManus on the ReadWrite Web and all the reviews are effusive in their praise!
I’m not surprised. This time Google seem to have got it right. The old “Lens” look of the old Google Reader was, to my mind, sacrificing usability for looks. Now, you have a reader with a simple, fast interface not lacking in functionality. It even has a river of news option with an infinite scroll. And if you liked the old interface you can revert to that in the settings page too!
Added functionality includes the ability to create folders, bulk delete subscriptions, star, share, email and tag posts.
Several commentators have pointed to the continuing lack of integration with Google’s Blogsearch but personally with the dire state that is in, I think this is a good thing!
I have been slow to recommend online rss readers in the past but I think with the new Google Reader that has just changed.