I read this thread and didn't really understand what the problem or solution is from What's been said. To be honest, I usually click on the logo and begin again from the homepage (in exactly the way
terse suspects).
I've had to sit and study it for some time and I think I have it now but I'm not sure, which says something about usability I guess.
So the "What's New" page is a duplicate of the "Latest posts" front page feed but with fewer entries. .
The "New posts" page is the same again but with all the 365 and project work added in. That makes it the more complete category in the Venn diagram of content organisation.
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Both the Latest Posts feed and What's New page have "Latest posts" as a title at the top and "View more" buttons at the bottom. All of them take you to the New posts page when you click.
As the "What's new" page seems to duplicate the "latest post" feed from the homepage it looks redundant and over complicating. I'd remove it completely or remove links to it in the navigation to depreciate it. Alternatively rename What's new to Latest posts for consistency.
And as the distinction between New posts and Latest posts is unclear, I'd rename the more complete category to reflect the content. As New posts more complete, maybe Site Feed would be a better title.
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I'd ditch the "What's new" menu in the navigation (it's on the home page already) and have "Site feed" (New posts) in the primary position.
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I'd also change the title of Latest posts to something like "Latest posts - Click for full site feed"
I'm aware things aren't always simple and easy on a site of this size and complexity so none of the above is meant as criticism, just my observations. That said, don't ask me what the difference between posts and comments and posts and comments with the word media in front is.