I am unsure of this new sense that you are talking about! I have found absolutely no bugs whatsoever and it really does not run any different than any of the other roms that I have run!
My understanding is that there is supposed to be a new version of Sense UI for 2.1 coming out that will enable live wallpapers. All we have now does not allow live wallpapers unless you change it so you are not using Sense. As for bugs, what I had read yesterday was this this tester version still had plenty, and that the ROMs the guys at xda have been working on were to fix the bugs.
Also, as of last night, haven't checked out XDA yet this morning, one of the devs over there had made a flashable update.zip out of this adding in su, busybox and all other necessities.
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