As I know, the past or the last update 0.16.2 the nether portal loads the nether as your screen wobbles or you have like the nausea effect as you go near the portal then you will be teleported to the nether.
But in the recently release version 1.0.0, if you will go to the Nether Portal... The screen appears to show the "Loading World" screen rather than the screen wobbles for a certain amount of time and then you will be teleported to the nether.
This was a feature back in 0.16.2, but this was removed or disappeared from the update 1.0.0
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I can agree that the smooth transition in 0.16.2 was better. It should come back if they can fix the issue of wobbliness not going away when going back through the portal. That doesn't happen with the current (and pre 0.16) transitions.