Personally, I find the text under the image informative. I would love to see more image clustering instead.
"In terms of the consumer announcement, Google is rolling out a new UI and several new features. They include a new, more attractive “tiled” layout, infinite scroll (mimicking a similar feature on Bing), larger thumbnail images and a hover preview that offers more information about the image.
Gone is the text and related information beneath the images, as well as the need to click “next.” Google said that the new scrolling pages can hold up to 1,000 images on them. The company also announced that it sees more than a billion page views per day on Google images."