I like what they're trying to do, but there's something about the design/layout that bothers me. Also, I think the icon placement in the toolbar is a little awkward/out of place.
I agree. Although, it looks like they're going for something bigger here. My guess is that there will be a number of changes to both the navigation and the layout of the page.
It's mainly because you have a bunch of text menu items and then this icon mixed in there. I'm curious why it's not under Graphs, since that's what it's most closely related to.