The old cable was working just fine. And micro usb works just fine, too.
I wish they had kept the old cable. I don't care about the cable being reversible or a smidgeon of extra thinness. To make everyone buy new cables/accessories and/or adapters (assuming your device still fits in the accessory with it), and to price the adapters as high as they did, and to make the switch to another proprietary connector rather than micro USB, and for Apple to give itself exclusive rights initially is a cash grab- plain and simple.
And guess what, 5 million+ people bought the phone over the first weekend anyways. Why shouldn't they make money off it? Amazing how people act like corporations shouldn't be in business to make money. Its the handout mentality of this day and age. If you don't like it, don't buy the phone. Plain and simple.