The main differences between overview and activity pages are as follows"
Overview pages are best suited for browsers as the widgets tend to use more data to load up and it is more information rich.
Activity pages are used for mobile devices by default due to the overview page having too much data to load up, thus it will not display correctly on a mobile browser. Activity pages use Tiles to display specific information, which is easier to load up and view on a mobile device.
I am not that keen on the major differences between widgets and tiles yet, so i cannot give you a good description on which is better. It also all depends on what your company is better suited for, my company is better suited for browsers/desktops, so we use overview and widgets much more than tiles.
Hope this helps,
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Hi, Keith. There is a related conversation happening here: Re: Widgets to Tiles transfer. In my opinion, the biggest con for Overview Pages is that Jive is no longer developing new widgets. They have said that Activity + Pages will be the only option in a few years. Tiles are great out-of-the-box and can be viewed on any device.