I take back everything I said! I AM NOW HAVING PROPLEMS.
I removed the links widget from my sidebar because it would not let me remove the "Show Decription" option...thinking readding it would allow me to modify it.
Now it would let me add the widget back.
I realize this issue will be fixed...but just what am I supposed to tell my clients????! Thanks to this update, I may well end up losing money.
I saw the link to the FAQ and found this:
Try these things to resolve problems with Widgets such as not able to drag and drop
1. A number of plugins have been reported to present problems so deactivate all plugins and reactivate one-by-one to find culprit
2. In Appearance->Widgets under Screen options, try the Enable Accessibility Mode
3. Delete or refresh the browser cache
#2 did the trick...thank God.
WP has a pretty good track record, so as long as it isn't costing me money, I'll be more patient now.
I would suggest a fast update enabling #2 (by default) right away.