I second that opinion. I also used the "games I'm following" as a way to track games I hadn't already purchased or just series I really enjoyed. Now the new list doesn't even have a way to stop following games or move them to another stack, which the old site had. I'm a bit bummed by this - looks like I'll have to track down my favorites individually and restack them :(
Otherwise I think the new design has positive updates but losing functionality is disheartening.