I didn't realize this is really what I was looking for until I saw WorkFlowy and Dynalist. I vote to add this because I don't want to add another app just for a feature or two.
I agree that they should stop making flashy changes like 10 with the note pad (did lot of people ask for that because I certainly didn't).
I agree with the @gazumped though (I my usual policy is to not argue with a gorilla) in most of what gazumped said. I'm going to try to use Dynalist and stick a link in the note that refers to it to see how that goes. but I still would like this as a feature in EverNote, not a work-around.