And I'm actually kind of glad they've abandoned the page layout features, to me, that was one of the reasons I didn't use the app for heavy word processing. I've always used it for the projects that required a little more creativity and design and kept my 50 page documents in word.
I'm going to hold my fire on this one until I see it, but as one of the real Pages veterans (used since Day One), I was a bit dismayed when they added the dual modes to the '09 version. Seemed like such a copout at the time. Now that it's gone, I wonder if I will miss it.