I found that, when turning on the hud, it does cause issues with the text overlapping. However if you have it on all the time and char switch - the text will properly display under the bars. (Just an issue with turning beta hud on and off constantly from what I've tested). Simple fix really, just keep it on. It'll adjust/update automatically.
Personal Feedback - I would love to have an option to just get Raw Values displayed within the bar. Stating 100/100 over health and armor for example. (Again, optional for those who don't want it)
Feedback from others I heard in discord calls, they would love to have the ability to 'ALWAYS SHOW ESSENTIAL BARS'. So they don't have Food/Water displayed but still see Health, Armor, Stamina (And filter when equipped)
I like the bold outlines, makes it easier to tell if the bars are not completely full.