So does anyone else think that they need to have a way to learn formulae permanently rather then having to take up a big chunk of unsorted inventory space to be able to craft them

You mean like how the first game did it? :p

Yes, the new mechanism for both formulae and books is really dumb.

I still loved the game, but I admit to being a bit ??? at how they could have made this design decision to take a step back in this area. It makes absolutely no sense.

Yea. What grinds me the most about the Formulae is that they also weight .1 while Book a Books weight is also 0.

Oh also no Storage. But other than that it is really fun.