A lot of the features you mentioned fall under the "Following" button indicator thing between notifications and friends. I always assumed it functioned similar to notification, but I honestly don't know because I'm not following anyone. Is it really necessary to move all this threadwatch stuff to Notifications when the Following section could be improved instead?
English
-
As far as I can tell, the following button does sweet -blam!- all beyond putting a blue bar next to threads they've started.