Making everyone prepared casters has to be rough draft material, I can't bring myself to get too worked up about it because I can't take it seriously.
My main complaint about the swap to prepared casting, specifically they cleric/druid type prepared casting (Wizard type prepared casting is slightly different) is that druids and clerics only have this type of casting because they have effectively outsourced part of their spellcraft process to an outside power. I feel like this fact has been forgotten. Not all the classes can or should have cleric/druid style prepared casting. I'm fine with it being given to ranger, and actually I'd be fine if it was given to warlock as well, but if bard is going to be made into a prepared caster, it should be wizard type prepared casting (complete with the ability to scribe new songs to gain new spells outside leveling), not cleric/druid type.
I'm far more concerned about the condensed spell lists, but only because of how badly it affects bard, which has traditionally been a non-specialised caster.