Whats wrong with the "all-in-one" functionality ?
Personally, its better than the separate section for searching on the far right.
I always was constantly typing search queries into the address bar.....Now I can
As already noted, you can't just type the name of the place and have the dot com auto entered anymore if it's not in cache. You no longer have a list of your Google searches. You can no longer clear out only your Google searches. Seems like a loss of functionality to me.
What exactly is the benefit? To prevent everyone from those rare occasions when they might type in the wrong place?