That's a though one ... I do like the 'latest story' box, but Alan makes a good point regarding its use of vertical space. Making the thumbnails for each one smaller might make them unusable, and without the images the headlines would lack punch. I guess you could try making them a bit smaller, but it's a difficult call. Would the latest *four* items be a better way out of the dilemma?
I do like the new panorama banner a *lot*, and I think Alan's suggestion to make it a bit less tall might work if the aspect ratio can be maintained.
These things are never easy, because you can never please everyone.
I have been visiting the site a bit less frequently in the past while. My business partner and I have started a direct-to-garment inkjet printing business, and running a kiosk in the local Mall for Christmas is proving to be a real challenge in time management, what with my other regular job and all. We're constantly on the run doing one-off custom tee shirts and mouse pads. I'm just a sucker for punishment!