Not only Google Analysis gets a new update, the "ugly" web analytics tool SiteMeter is also getting a new face and update as well. I use both SiteMeter and Google Analysis together. SiteMeter has some reports that Google Analysis does not have. For example, the referral report contains the actual URL from the users browser.
Same as Google Analysis, SiteMeter just announced the latest changes but my account still uses the old and ugly interface. Hope I will get my account soon.