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Yes, it's horrible. Form over function. Unfortunately it's also influencing other OEMs. For example, my new Samsung TV came with a similar remote: https://www.samsung.com/us/tvs/smart-tv/one-remote

Fortunately the remote for my old Samsung TV works with the new set. It's so much more convenient to be able to enter a channel number than navigate a guide, to name just one benefit of a traditional, full-size remote.
 
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