Someone might have already mentioned this, but I am seeing it not behave how one would expect so I will outline it here.
On the previous chatter, the thread titles would appear bold if you hadn't read that thread at all OR if someone had posted in the thread since you last looked at it.
On new chatter this logic doesn't seem to work accurately. If I find an unread thread, participate in it, and then back out to the tree view, the thread in which I just participated will appear bold (unread/changed) even though I just posted in it. If I re-open that same thread and read my own post and then return to tree view, THEN the thread title will be not bold (aka read).
Almost as if the post action doesn't update the logic that I have seen everything up to then. It counts my own post as a "unseen change".