The TVs do come out, the arm is quite long so they move a good distance from the viewer.
On the whole, the pros seem to outweigh the cons. To me, the cons are that you still have to fold the seat over to convert into a bed, and that window views are still somewhat restrictive ( althought definately improved due to the reduced angle relative to forward).
I'm also slightly concerned that some of the peripheral room has been lost, specifically when in bed mode, although its difficult to tell
The pros are the longer, wider seat, much better recline, bigger screen, connectivity, comfort (both as a bed and a seat) and probably a less claustrophobic feeling due to the opaque window instead of a solid wall. I also like the new bar, and the new service and catering looks solid.
There is always a compromise with these new generation business class seats. VS
have the window view issues which I would guess are less of an issue to non a.netters!. They seem to have addressed this as well as they could, and probably your average business class flyer cares much less anyway. Folding the bed over, personally, doesn't bother me. You're going to get up anyway to change into your sleep suit, put your mattress cover down, wash, get your duvet etc. and the crew will do it for you so in reality what difference does it make?
as a comparison have the "backwards" issues, as well as access. Again, it probably bothers some people and not others.
Overall, this looks a very good product. A great evolution of a winning theme which has addressed a lot of the small issues that needed attention.
So long 701, it was nice knowing you.