My friends noticed that the traditional TOC format doesn't prioritize actually playing Jeopardy! the way it's played the other 40-odd weeks of the year. In the quarters, if you have a strong total after Double Jeopardy!, you're far better off making a safe/zero wager and moving forward as a Wild Card than you are trying to win outright. Once the semis are over, now you're focused on a comparatively long game in which you can similarly hedge in the first half to set up how the totals square up in the second part of the 2-game final.
That said, having the quarterfinals be strictly one-and-done does increase the luck that's part of Final Jeopardy! You could be the best player in your match statistically, and have won 10+ games in the regular season...but if the last clue in your quarterfinal happens to be in one of your blind spots, you could be beat by an underdog. The Wild Card format perhaps afforded a chance for players with a better overall knowledge base to make it through, Final be damned.
It's far too early to say whether I like Classic Coke or New Coke better here. I LOVED the format of the GOAT tournament, and it seeing it repurposed here in some (half hour) form already has me interested. Perhaps that should replace the 2-game final in the old format? Time will tell.
-Jason