Update: Well, Intuit came out with Quicken Essentials for Mac. It turns out that it's a practically new product, and they do not support all of the features that they did with Quicken 2007. Sorry, thanks but not interested.

After careful consideration I decided to go with iBank. As Kevin said above, while iBank is quite powerful and has a lot of features... but you don't have to use all of them! And the direct download of my account data works perfectly (thankfully they have a pretty permissive demo mode - basically all features work but the program nags you every 15 minutes or so. I was able to test out the online downloading of both my Wells Fargo and Bank of America accounts, and it works beautifully. The interface, while it will take a bit of getting used to, is pretty easy to navigate, and entering transactions is a pretty smooth process. While its traditional financial model may be considered old by some, it is familiar to me, which is why I didn't really like Moneywell. I was able to export my Quicken data as QIF, and amazingly enough, iBank didn't botch things up too badly when importing it - I was only off by $20 in one account; easily fixed. I'm quite happy with it and I was glad to give them my $60 instead of Intuit. My only complaint so far is that it's a bit slow to load accounts on my MacBook - most likely because of the years of historical data I have imported. I'm sure they'll work on performance improvements in the future so I'm not too worried about it.