You're correct on those two points, but I couldn't stand Shippuden due to the god awful pacing.
I mean I thought DBZ was bad back in the day, but Shippuden comes close to the whole FIVE MINUTES deal at times. I mean, did you even see that episode before Naruto went 4-tailed, and how the ENTIRE episode was just staredowns and repeated closeups?
Then there's the fact that the fight scenes are also horribly dragged out. And often times they're poorly animated as well. See this gem as an example: http://youtube.com/watch?v=m2A3OmRWcVI
It felt like my intelligence (and patience) was being insulted every time I watched. I actually liked Naruto part 1, but everything after turned me off the series forever.