instagram updated today and still nothing ugly ui and icon hiding their ugly a** icon in a folder
I understand your dismay about the icon. I would've loved an updated icon. But maybe they really like their icon. Or maybe they want to take their time and have one that'll stand the test of time. Mine sits directly on my home page and it doesn't bother me.
Your preference isn't going to will them into changing their icon. Maybe if enough people voice their opinion to their support page or whatever, you'd have a better shot at getting the "ugly a** icon" changed.
Just my opinion of course. Hope you don't take it the wrong way.