I like to save vertical space for content, this looks like it's wasting it with useless padding and borders.
I've been using Vivaldi lately. It's nice but I miss some shortcuts from firefox, and it's still Google Behind.
I feel betrayed by Firefox and depressed about the internet to come a little bit more every day.
Not that this takes away from your point.. but frankly, as long as the browser UI can be customized, the default setup will never matter to me. If this appeals more to non-technical people, more power to them, as long as I can have my power user stuff, too.
UX wise, not really a revolution.
Please learn from Zen Browser.
I used Zen for a while (and Arc before that). I didn't get what was particularly novel about either. My browsing did not feel revolutionized.
What have I not been getting?
Edit: I realize it may not come across as one but this is a genuine question.