Is Blender 2.79 Obsolete now? I was excited about Blender 2.8 but was disappointed at the same time because I had to relearn the software. It seem everything is out of place.

Is 2.79 no longer an option? I mean, is it a bad investment to spend time in 2.79 now that 2.8beta is out? The process of relearning the UI is just frustrating for me. :(
Everything in 2.79 is essentially still available in 2.8 and more. Technically 2.8 is still in the open testing phase, but I would recommend learning it now. It doesn't take as long as one may think to figure out where everything is, and I think it's stable enough to replace 2.79. That being said, there's no shame in sticking to 2.79 for now.