I bought my first mac a few months ago, and Tiger Front Row was one of the many selling points for me. Being a long time user of Windows, I was so impressed that when you pressed the menu button, the desktop went to the background and Front row came up. 2.0 is faster than 1.3 but we're giving up airtunes, continuous music play upon exit and entry of Front row, and a wicked interface for something a little bit faster that looks like something from windows. I don't want to go back to Tiger, because I find spaces and stacks to be very useful. So what do we do now, wait for someone to hack it, or do we sign a petition to tell mac to program front row to meet our expectations.
Again - not being a programmer - or knowing much about them - I can't say if Apple will reformat Front Row. Mainly because the new Front Rows' players are embedded within 10.5 - Unlike in 10.4 - where Front Row used integration with Itunes and Quicktime to play it's files. So for Apple to make a large change like this in Leopard - seems like a stretch. Good example is the Networking and Drive mounting problem in Tiger - that had a very well known habit of hanging up Finder while it "looked around" for a disconnected drive or directory. We didn't get a fix for that until Leopard - it never got fixed in Tiger. I somehow get the sensation that this will be the case with Front Row 2.0. Though I REALLY hope I'm wrong on that. (I am fairly confident Apple will fix the AirTunes issue - and maybe even update to reflect smart playlist and updating within Itunes - but no UI or major overhaul)
I do feel your pain, I felt the EXACT same way with my first experience to Front Row 1.3. It was the first thing to draw me into OSX. (I saw the remote in front of the iMac - thought it was an iPod Shuffle - clicked the button and "WOW!") That started the fire and kept me in front of the iMac. (one hour later I left with it)
PsychoFreak brought up a good program - but it's definitely in the early works - but that may VERY well be a good substitute for you down the road. Depends on where it goes.
Also - upon a lot of digging, there are many rumblings on the VLC forums about a "secret project" that he's being ultra-tight lipped about. But it's going to be "big" for Apple users... And that certainly fires my imagination in one particular direction!
Finally, the 1.3.1 "hack" isn't even really a hack - doesn't involve the terminal window at all. (I couldn't get the terminal window version to work - and it broke my 2.0) My own fault, I knew I wasn't versed enough with Terminal - and I chalk it up to luck I didn't do MORE damage. It was easily fixed once I found the directories that Front Row resides in - I got to them via Finder - swapped New for Old - restarted, and haven't looked back.
So, you're not alone, by a long shot. The best thing you can do otherwise, is going to Apples' feedback page, and voicing your complaints. Try to be specific and to the point, don't say it "sucks", but say factually what you don't like about it, and what you'd rather have instead.
