The inventory, and especially chest, management has been steadily improving for a long time, culminating with the quick 5 chest opening and salvaging 9 items at once with a single click.
The new console/cosmetic oriented UI has not done anything regarding the size of the inventory - no, possibility to salvage deeds is not that - but has instead increased the number of clicks and context changes necessary to open chests and salvage surplus stuff. Since I can open just 10 chests before I have to salvage, it means a lot of extra clicks.