Whilst it's wonderful to see them move away from the skeuomorphist designs that are outdated and somewhat annoying, I can understand where Corrosive is coming from with his thoughts about them not going far enough. It would have been nice to see them take the lead once more, and create the direction for others to follow, rather than sit so very short of a revolutionary step forward. However, I do think that this represents Apple well - the ethos of simplicity, style and functionality works well here, and whilst it may not be groundbreaking, it is a wonderful step forward whilst inkeeping with their core values.
And that new compass is well fit!