This is how it was in beta 2:
This is how it now is in beta 3:
Of course we all know this is just a quick template edit to adjust it to your own liking, but IMO the former layout was just better. It separated posts (content) from navigation (functionality). The new layout not only doesn't separate the last post on the page from the navigation, it also separates functionality from functionality. Also, it does feel more clutterish (is that a word?) to me than the old layout.