From some angles this new design looks horrid, and yes it is ugly. I've owned a 135i for over three years and was looking forwards to BMW getting their act together on this, but its an opportunity sadly missed I feel. And if id just bought a VO 1M i would be FUMING.
Recently I saw the new merc C class coupe and I thought "mmmmmm nice". For me a car needs to appeal to the emotions, and for this reason I wont be buying a new 1 series.
Perhaps BMW will go back to the drawing board but I doubt it. Someone said "they know what they are doing....." but if owners are going to turn away then surely its just wrong.