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Usually a factory reset after a big upgrade like this would allow the update to "settle in".
I upgraded from the GB to JB 4.0.4. and after the download was complete, the phone resets itself so that the new software upgrade "settles in". If you do a factory reset that will improve the speed but from what I`ve been reading, a factory reset will restore the phone back to its previous state by getting rid of all apps and upgrades.
I also did notice that my phone is somewhat slower after the jump from GB to JB but I think that because the new download/upgrade is using more of your RAM. You can try to limit the number of apps you have running by disabling them but be careful which ones you disable; some are integrated with the OS and you may disable your device all together.
Hey Mark42,
go to Menu > Settings > Storage > Scroll down to SD card, check Mount SD card.
Now the apps you moved to the SD card should work and their icons look normal again.
Regards,