Does that make us happy? If we have to be picky, the only minor drawback we saw is that once we move into expanded view for a single piece of news, we could not roll back to collapsed view but apart from that we enjoyed getting our daily dose of news even more. In any case it is a welcome addition, which shows just how much Google recognizes the ever increasing mobile traffic. Let us know what are your thoughts on Google's news portal updated looks!
source: Google Mobile Blog
Google News by default