Let's take a look at both for comparison.
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Ok, so we've seen CP grow to a fairly "monstrous" size over the years. It is also something we've been using for so many years that it's engrained in our minds. Question is, is it change for just change's sake or is it a change for the good? IMO it all depends on how we look at it.
If we look at it from a standpoint in understanding MS's objective of succeeding to implement one OS platform across all devices with mouse, keyboard, and touch (to include pen and/or finger) input, then I think we can say it's for the good for it for it compliments all those. This is also to include that the app will adjust to any size screen at any resolution. That cannot be accomplished with the old Win32 CP.
I guess the only other conclusion is that if we want to remain with the old way of performing system configuration without including multiple devices, then the change is not good. I don't know any other way to put it.
If we note the subcategories listed under each category in Settings app I would tend to think it to be better for the commoner to lead them to as to where to make a change, assuming when it's all completely ported over. Also, I would tend to think they shouldn't be tinkering with half of what's in CP for to mess up their systems. How many times have we seen that? IMO it would detour them from doing such. For the most part all they're really interested in is maybe changing a color scheme or desktop background and go their merry way to surf the web or social site.
LOL! "Dad, I messed my Windows up! Can you fix it?!!" > "What did you do now?!!"
BTW, I'd like to know how many PCs are used for consumption vs work. That would be interesting to know.