This thread is meant to give us a quick visual image of how everyone else feels about this change and discuss. There are many opinions flying around, so let's see how the majority feels.
Personally, I feel like it could be a hassle at times keeping up with what buffs/debuffs were doing to my character. I think that if I can have visual bars on my screen that sum of the important statistics of my character, all the better.
Mostly, I trust in Bethesda to push the envelope and give us a great game that is innovative and fun.