No No No No sdkitty! I found a place on ebay that sells just what I needed to modify my new straps. I did photos, and his ebay link a while ago. It's gotta be here somewhere. Let me dig it up for you. So far I have outfitted 5 straps so far, he has light gold, gunmetal, silver, antique brass, and even copper (that would match the rose gold according to the pictures). I'll be right back.
http://forum.purseblog.com/rebecca-minkoff/my-solution-to-the-new-straps-763040.html
But you are right, there is nothing quite like the old strap configuration. It was perfect. My fix-it works, but makes the strap a little longer, but since I love the look with the flaps down, and I love being able to just switch from handle to strap, it works for me. But, I wear my MABs with the old strap a little more often. But this works better and more cost effectively than having a leather shop take apart the straps.