Ok, the styling of the mini edit view has been redone to display like the screenshot shown in my reply below.
www.joomlapolis.com/forum/255-developer-members-support/242294-gallery-issues?limitstart=0#317512
This is the best I can do on short notice as I am in the middle of other tasks. This clarifies further what each inputs purpose is in addition to their hover tooltips. If you want it changed any further you'll need to consider making your own template files for CB Gallery and designing it to something that better fits your needs.
The change is available in the latest build released as of now.