Ok, the pencil tool has changed. That's great, but what if you really liked the the way it worked before? If I just want to "smooth" out a line a little, I used to hold "option" while tracing the line. AI would reduce the number of anchor point, while keeping the relative position of the line. Can I still do that? How?
Ok, here's the explanation:
http://helpx.adobe.com/illustrator/using/enhanced-pencil-tool.html
The "smooth tool" is now a separate tool. Thanks, Adobe! (not really). Why not leave "Alt/Option" for Smooth and access the "Straight line" feature with something else? Is this REALLY what your beta testers asked for? I can't believe it.