What functionality is new in the Z025 Spaces UI dashboard compared to the previous Zoho One dashboard?

What functionality is new in the Z025 Spaces UI dashboard compared to the previous Zoho One dashboard?

My company is interested in creating a revamped dashboard this coming year, and are trying to weigh different platform options. The new Spaces UI is said to be a more "feature-rich" dashboard experience than the previous. Could a developer please explain what new functionality is added to this dashboard? I see that there are some new prebuilt widgets, and some new layouts and options, but in terms of custom widgets, is there any new functionality?

It seems like we can build "custom" widgets out of some pre-selected fields, but true "custom" functionality a la Zoho Creator is still missing. Please let me know if I am mistaken.