My issue with the bottom lane is that it's useless and it takes up space, I can see that if some is using a setup that doesn't have title bars it can be useful because it's show the file's name. But for most users it just makes it look uglier, I don't need that bottom lane and the time thing can be just put back next to the progress bar.
It would be the best if we can have a toggle for it because some user might found it useful but I think most user would found it ugly.