Go for it, show bookmarks on the new tab page.
It could certainly stand to be shrunk at the very least.
Yes please, I have my browser configured to no menu bar, saves a nice bit of space.
There's a popup when I hover a URL and otherwise I get to save space.
More on point, the add-on bar was a dumb idea and behaved weirdly. Good riddance. While a built-in real status bar would be nice, an extension to provide one is pretty good too.