So, the update is out, what is your opinion - if you still play, that is.

I am still amazed by the game, and having a blast playing it, especially now when I passed the steep learning curve needed to become at least passable commander. 

The gorgeous update is a mixed bag. I really applaud to fixing the skulk movement and hitbox. Babblers are entirely useless and badly implemented, and I cannot understand how a team of devs can put obviously so much work into something so evidently useless. Gorge tunnels are interesting, but they could be just phase gates, I find the space "inside" the gate entirely pointless. Railgun exos are interesting, they fill the gap between a conventional marine and the tank dual exo is. 

The performance of the game is horrible, though, and I am getting constant lag problems. 

Prepatch, the first three minutes of play were the most important in the game.  Aliens needed to quickly get kills and evolve up to flying lurk before marines researched first level upgraded armor and weapons.  Now due to post patch skulk speed changes, the aliens play a little less aggressive than they used to be.  By comparison, the whole metagame of both factions feels slower and more defensive now.

Before I did not want to change either faction between games because of all the fun I was having playing them.  That's when you know you hit that special 'sweet spot' of competitive gaming.