I don’t think it does provide any value for thralls.
The update is good. The sticky wheel is not.
Those extra seconds required to select something or back out of the menus can equal death when you need to adjust your thrall mid boss fight.
I haven’t done any building with the new system but can imagine the inconveniences listed above.
I did however take on Thag in the wine cellar and nearly paid the price with a nudie run in the dark due to the menu.
Funcom, please give us the ability to choose a radial menu setting that we prefer.