I gotta be honest, the bullet style dipstick is new to me and I HATE it. I suppose it's easy to tell when you are low, but without knowing how low you could very easily overfill. If you do, you won't be able to tell because you won't see oil up the thin wire dipstick. And I guarantee you won't see it at night, in the winter, during a snowstorm.
And if your buddy borrows your PM, he'll try to be courteous and check the oil, and he'll read it low, and he'll add two quarts, and the crank will froth the oil, and the pickup will suck air, and the you'll burn a bearing or throw a rod. Nice.
Of all the things on engines that were foolproof, cheap, reliable, and didn't need fixing, I don't see the logic of fixing this. As soon as I can, I'd like to go to a real dipstick.