You've missed the essence of the conversation here. It’s not that Versions, Duplicate, Launchpad or any of the other new Lion "features" are either good or bad. If someone really likes Launchpad then it matters not that I think it looks like an app that should be installed on a computer for gradeschoolers.
The number one reason why Lion sucks is that the elitists who fashion themselves as guiding mankind to a new computer paradigm have not just added features to they new OS. They have in fact removed features that tens of millions of computer operators use.
My opinion differs. If what I understand of your comment regarding "elitists" are correct, then you appear to be referring to power-users, which are the more tech savvy minority.
I fall into the category of power-user, I'm more than able to find workarounds and solutions many can't on their own, I use my computer for all the less than 5% of the stuff any normal person would use it for, but I don't think of myself as a leader in the computer world if you know what I mean.
The best way to describe me is that I'm a minimalist that expects the basic things to work reliably. Like how a mechanic relies on his tools to continue operating his business, I expect no different from when I boot up my machine, connect to WiFi AP's, raise and lower speaker volume, search for information on the internet, and shut down when not in use.
The "average user" IMO is someone who checks email, Facebook, Twitter, plays games, shops for stuff on Ebay/Craigslist/Amazon, etc. and usually needs someone like a "power user" for support when they have issues.
Both OS X and Windows need to become more touch-screen friendly. That's where one segment of the market is headed. Buy why would you destroy tried and true desktop features? Is it not possible to have Save As and Versions on the same OS? There can't be a choice to either use the old smooth operating Spaces or the new clunky one?
Touch interfaces may be headed in that way but how is it that a desktop iMac or notebook Macbook user supposed to test touch-interface usability for example with Launchpad? Launchpad is IMHO Lion's most useless feature, it doesn't belong anywhere on any Mac. What works for tablet products doesn't necessarily work nearly as well on a traditional computer.
For me, performing just a clean install of 10.7 created all sorts of issues without installing anything else. Battery life issues are a concern since my line of work doesn't guarantee that I can be tethered to an outlet. Stability issues with speaker control is very annoying and unreliable (despite me coming up with a decent workaround
here). WiFi connectivity issues are annoying... the list goes on. The 10.7.1 update changes none of that.
I have workarounds that deals with most of what I just said, however I believe that if those are just some of the issues that I found with Lion, it really concerns me regarding what issues I haven't discovered yet, and my business can't afford to be walking on eggshells waiting for the next bug to show up when I least expect it.
I've said before that Lion sucks but to be completely objective on the matter I want to use Lion but I simply don't have the full confidence in the product just yet. Power users and businesses key on reliability more than anything.
So why does it suck? Well I believe Lion was "rushed" and didn't get the complete scrub down it needed in beta before it was released.