It's more not-really-usable compartments.
The top compartment (forward) is apparently for coins, but I can imagine that being really annoying with all the jingling around every time you open up the bottom compartment. The cupholders can't hold any modern fast food drink bigger than a medium without struggling, and you definitely don't wanna put two drinks in there. The owner's manual smartly reminds you that drinks shouldn't be kept in the car while driving, and if you ever put a drink in there which is more than half-full it's easy to see why they recommend this. That leaves the the bottom 'large' compartment as really the only usable space. It is just enough for me to keep my wallet, sunglasses and maybe one other small random item.
Dunno if the earlier armrests are more functional, but I imagine a single larger storage space may be handier than one which is split into smaller compartments.