Over at GPG Forums, the team have said they are working on a patch for the UI to make it less intrusive and more customizable.
They also said that the UI could be changed as much as you like using the lua script and so no doubt there will be mods to fix this... I dont find it intrusive at 1600x1200, but maybe that's just me
P.S. Sorry to hear that Steve... means I am less envious though