I can see why they renamed it to "Music" from "iPod". It's completely unusable for podcasts or audiobooks anymore.
- You can't resort the bottom tab bar, so you must always click "More" to get to podcasts/audiobooks
- They removed the ability to display lyrics, which is where most podcasts put their show notes
- You can't see which episodes are unplayed anymore, so if you have a podcast with tons of episodes, good luck remembering which ones you already listened to
- They removed the play speed options so you can only listen at 1x speed (and some people only at 1/2x speed, but that seems to be a bug and not an intended "feature")
- They removed the ability to display chapters and to jump to a specific chapter
- They removed the "Get more episodes" option, so you must go to the iTunes store to manually search for your podcast to download more episodes without a PC
I don't know how the new app is for music since I don't listen to music on my iPad, but for podcasts it's completely ruined. I wonder if someone makes a music app that mimics the old interface if Apple will approve it (I won't hold my breath).