The 'new' toolbar is higher than the black one, taking up more space, every site seems to transition to those sticking toolbars that do not go away when I scroll down. It's not about content anymore, it's about navigation and sharing. The toolbars from 10 years ago you could actually deinstall, this one unavoidable.

And this 'save a click' argument is just silly. Hover still means you have to target two points.

What's is funny though, the Google-bar at the bottom would at least make sense on a chromebook, but at the top they always suck, because contrary to an OS taskbar, they don't provide an invinite mouse target because of the Tab-bar.

I think it would be fair to say it's two mouse actions though. Clicking takes no time; moving the mouse to the link in the first place takes some. Moving first to the Google logo, then to the app, would take longer. Sort of like eliminating the task bar in favor of the start menu - personally I use the task bar far more frequently, and keep often launched programs pinned so I can avoid the second mouse action cost.