This is obviously an issue as it sucks to see my new game just lost under everything else after taking the time to have a long-standing page and post dev updates, etc.
I’m not sure what you mean by that, could you elaborate? Your game will get a bump in the “New” section once reviewed, no matter how much time that takes.
This shouldn’t cause any problem, unless someone plans to make “Major Update”s weekly, which sounds very wrong (at least to me).
I wouldn’t mind if this was the first time or if the process was a bit more transparent.
I agree to that, it does sound like it would be better for devs if the process was more transparent. However I can’t help but notice other marketplaces having a somewhat similar process. Maybe there’s a reason behind this decision that we are not exposed to.