Share your experience!
So, few findings on the topic...
1. Obviously Sony are using SwiftKey logic
- The newest version of SwiftKey behaves exactly the same way - only one word per gesture and no suggestions
- There is a complaint of the Play Store for SwiftKey that it no longer shows suggestions for a gesture
- On both keyboards gesturing in "son" will yield "soon" (as per one of the complaints). Quite a proof if you ask me 
- The problem on SP happened after the newer version 4.3, which fits the new SwiftKey version timing
2. There IS a way to get to suggestions - but one needs to delete the last space that is inserted after the gesture input.
Bottom line is that suggestions the old way are gone BUT Swype has what I need - suggestions during gesture.
Yes, thank you.
The Update has a lot of drawbacks.
The Gesture input being a major one. It's a de-evolved in my opionion, Yes there is added next word suggestions, but now the swipe does not give word suggestions until you go back one step and then it only gives 3 suggestions. Flawed!