For me, yes. You lose all of your vanity URLs from Profiles, Youtube, Blogger, etc because you can't move those to your new account. You'll still have to manage

For me, yes. You lose all of your vanity URLs from Profiles, Youtube, Blogger, etc because you can't move those to your new account. You'll still have to manage 2 Google Accounts. Everything actually becomes MORE difficult because managing multiple accounts using the new "Multiple Sign on" feature is terrible. You constantly have to switch between accounts and many times if you switch accounts in one tab, a previously open tab is still in your other account. If you try to Compose Email, or Add a Cal Event, or something else, you'll get prompted for errors because Google doesn't know which account you're on. This is terrible for Youtube (which isn't compatible with Multiple Sign on). These new transitioned accounts are a complete disaster for existing users who have been using Google services. You can't merge your accounts at all, so plan on managing multiple accounts. It's sad too because the existing users were the ones who cried out for help on Google's forums. Existing users are the ones with the problems that need to be solved. Unfortunately these new transitioned Apps account do nothing for us...