The biggest concern with this is that I fit a lot less bookmarks on the same bars. If I set it to "text" only, what it does is removing every icon. even the "previous, next, refresh and home"-icons are changed to text.

I want those to be icons, only my bookmarks to have no icons, as it was in FireFox 3

Yes, Mozilla, if you're reading this, which I hope you are, PLEASE implement this in the next update if possible. I love to keep my bookmarks as icons only, it's not only more effective since it's easily distinguishable, but it looks cleaner and you fit a lot more on one bar.

Please do this on the next update!!

There are two ways to do this (1) Install an extension: https://addons.mozilla.org/en-US/firefox/addon/roomy-bookmarks-toolbar/ (2) Do it manually. Right click the bookmark you want to edit, click properties, and then delete the name. That's what I do. See the below screenshot for reference.

Check it: https://addons.mozilla.org/en-US/firefox/addon/bookmarks-deiconizer/

This is REALLY frustrating - not being able to eliminate the TEXT makes the bookmark bar almost useless. I have 40 icons on the bar and I use most of them all the time - now I can only see 13 with text in the way and NO way to ELIMINATE the TEXT. Pointing me to "de-iconizer" is the REVERSE of helpful - I need a "DE-TEXTizer" to get back the usefulness of the bar. Yes, I can still *get* to them - but it's in that obnoxious drop-down menu at the end of the bar - not nearly as useful as before. Why remove a customizable option on a release that's all about customization? AUGH!

Add on to De-Text here: https://addons.mozilla.org/en-US/firefox/addon/roomy-bookmarks-toolbar/ - thanks for posting that, Efreak!

Yep....

https://addons.mozilla.org/en-US/firefox/addon/roomy-bookmarks-toolbar/

THIS DOES THE TRICK