Agreed. The menus (and tool buttons) do need an overhaul. There are several buttons that I would wager are never used, and several missing that would be very much appreciated.
Likewise, the Designer menu item is plain wrong. Stuff should never happen on the first level menu, it should just open a sub menu, from which things may happen. Just browsing the menus by clicking on the first level (the File, Edit et cetera level) should not make windows pop up.