As can see here:
as opposed to the old one
The "new and improved" inventory screen was released with 1.4 and its bad very bad maybe a slight improvement from the old screen (maybe..) but its just a bad one still hard to see where everything goes , There was a mod for this screen made by some fan which was 10 time better
here's a link:
so i wonder if a fan can do it better why don't they use it instead of producing this bad screen ,I mean what were they thinking? .
It is good they knew it was a problem needed to be fixed but they should fix it better.
But as a side note looks like 1.4 finally solved sync issues so thumbs up for that.