The automation display is definitely nicer…
… but what you can’t see from this picture is that the Filter DSP has automation on its cutoff. I think it’d be useful if the collapsed “[+] Filter” was highlighted in yellow, same as the Volume, to indicate a hidden automation.
[X] 
_____________ [] 
and … ( i say it again 
)… we have checkboxes in the tree to activate the automation, the checkboxes should be feature deactivation too! the cut-symbol makes it not clear to the user, that this the way is to disable (delete) the automation! (and please: checkbox stuff with a single click!)