I have a new suggestion, the biggest problem with the new menu is the very complex way to access Translate,Rotate and scale. Or the menu is blocking the screen.
The solution could be to do something like this.
Put the 3 options on a row and give it it's own tab that is always visible. In the same color as the above one. and make the text white.
This way you see a difference when the menu is open and that panel. I think this solves most of the problems with the new top/left menu.
ADD: I forgot surface snap , is very important to to have direct access to.