As you can see in the video below, the Feel UX features widgets that are now better organized, and the live lockscreen allows you to access stocks, weather, and your own picture gallery before even unlocking the device. It's a minimalist yet functional approach that I can really appreciate. In fact, I wish every Android had this kind of lockscreen. Manufacturers, please pay attention!
It makes me sad to think that US consumers will most likely never get a chance to own a phone featuring Feel UX, since the UI is launching exclusively on Sharp Android phones in Japan this Summer. I like the Paranoid ICS ROM, although it's not nearly as well-organized as Feel UX. Someone buy me a ticket to Japan, stat!