Well, it may be working as intended, but as a matter of interface design, it is horrible, in my opinion.
I connect to others fine, and download fine, but the upload and monitor windows need some serious work to reflect what is going on. It worked great in earlier editions, so it is not a matter of reinventing the wheel, just go back to what worked before. Even the progressive upload idea where a 10,000 kb file looked like 100 uploads at 100kb each made sense. You could tell what was happening. Now I have no clue, it looks as though no progress is being made from looking at the bar graph, just connecting, uploading, disappearing, connecting, uploading, disappearing, connecting, uploading, disappearing.
I'd like to believe that the programmers did not think this was a desirable effect.