How on earth did any of your team think this was a good idea?
It makes quick recognition of elements on the timeline (in regards to audio / waveforms) MUCH harder to read at a glance.
I only updated due to all of the big 3 (effect/prem/encoder) "suddenly" developing problems (such as crashing and restarting my machine)! and refusing to do basic tasks - something that regularly happens when a new update is available.
The labels were absolutely fine as they were, you're "fixing" things that don't need fixing
Guess, I'll just have to grin and bear it (standard adobe operating procedure at this point)