As expected, Google has now changed back to a similar look for the Google bar from back in November. Why?
Google said:
Based on your feedback, we realized there were some elements of the new bar that we could improve, and with that in mind, we're introducing an updated version that we believe will provide a better experience.The new design retains many of the feature changes we made in November that proved popular, including a unified search box and Google+ sharing and notifications across Google. The biggest change is that we've replaced the drop-down Google menu with a consistent and expanded set of links running across the top of the page.
Here are screen shots....
New Google Bar:
The Big Bar Google is Dropping:

During the switch over, some are seeing issues with the styling, you can always try to shift refresh to fix those issues.
With any major change like this, you have those who hate it and those that like it.
Forum discussion at Google Web Search Help, WebmasterWorld, and Google+.


Comments:
Monica Wright
02/10/2012 02:14 pm
The irony? I JUST got the big bar. Like last week.
Levi Wardell
02/10/2012 03:09 pm
SO IRONIC! :)
Monica Wright
02/10/2012 03:20 pm
Just like a fly in my chardonnay.
Shawn Farner
02/10/2012 03:32 pm
A death row pardon, two minutes too late.
Chad
02/10/2012 05:29 pm
Dontchaa think?
SEO Journalist
02/11/2012 09:58 pm
For the most part, yeah.
Raja Ram Paneru
02/13/2012 02:40 am
I found the navigation very helpful and easy to navigate.
Wayne Mery
02/25/2012 11:50 am
Shoot. I liked the new style. The new style offers faster refinement, plus the old style looks like crap.