Same here. Modular has always been my "work" face. Date, time, weather in center, 2 world clocks, and calculator or battery. At a glance I can determine evenything I need for my work day. Now I can barely see the weather and world clocks because they added more data and symbols that are not necessary.
Here is an image of the old Modular face on a (smaller) 38mm Series 0, and the current Modular on a 40mm Series 5. Enven on the smaller, older watch it's more visible and easier to read. (In real life the watch faces are even smaller than the image.)
Apple could have added a new Modular face, but left the old one alone. Suggestion/complaint sent to Apple, but I'm sure they don't care.