Not been to the new terminal but it could only be an improvement on the old terminal, or perhaps I am being an optimist...

From the press release:

The carrier, that celebrates 70 years of flying to the UK this year, honoured the occasion by using its specially designed Aurora Borealis themed Boeing aircraft the Hekla Aurora to transport the first T2 passengers. Guests were also treated to live music from the Northern Lights Symphony Orchestra quartet who played music in the T2 departures lounge.

Icelandair operates twice daily services to Reykjavik, Iceland and then onwards to 14 gateways in North America and Canada. The geographic position of Iceland on the shortest flight path between Europe and North America means Icelandair offers many of the quickest transatlantic flight times from the UK to its Canadian and American gateways. Icelandair is also the only airline offering passengers the chance to stopover for up to 7 days in Iceland for no additional airfare.

http://www.icelandair.co.uk/informat...w_terminal_2_/