Difference between old vs. new batery NP-BG1 vs. NP-FG1

Apparantly its compatible with W and H series. My H3 doesn't display time left in minutes, just a number of bars on a battery meter (like a mobile phone). Surely using this battery will have no benefit to me unless there is a firmware upgrade?
 
Newer cameras are going back to using inf0-lithium that tells you how many minutes you have left on the batter as opposed to four stinking bars that don't mean anything when you get to the last bar. I never understood why Sony took it away other than maybe lawsuits or something.
 

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