Thanks, you saved my day.
Went back to v7 for now. Will stay there for few months at-least, then decide. IMHO, one of the bigger features of Evernote was its light footprint and snappiness. Part of it could be because it was a native app. I am not sure that if it is worth sticking to Evernote if they want to switch to web technologies. There are more feature-rich alternatives like Notion or Roam Research in that case.