I think it's ridiculous we uninitiated would have to risk doing all that rooting and rom installing. No way I would do that atm.
I successfully updated 7 days ago, and with a minor glitch with Gallery/Picasa/Sync errors mostly fixed, it's the same midly improved phone. I was a lucky one though it seems.
The apps are still running and in the same places and movable. I may have not hit a brick wall with SD issues yet. There could be patches in the near future.
The majority of Note 3 owners will stick with stock surely if it's usable, or complain and change phone.
I obviously haven't done it, but I wouldn't encourage rooting. Caveat emptor.
Via my Note 3 on AC.