The redesign at Netscape.com – designed to make the site look much like the soon-to-be-finally-released new browser – is, I fear, quite bad.
You can see that they sat down initially and thought, “Let’s make this simple, elegant and powerful”, and then somewhere along the way the simplicity was drowned in poorly laid out information, while the elegance started to look less like graphic-design restraint, and more … well, dull. I’ve only heard, so I couldn’t say for certain – but it looks like pretty much the same process has taken place in the development of the browser.