I never really found it a problem. I mean, it says "profile."

Seriously though, I don't see a reason to change the current format. While there are plenty of forums out there that do it that way, there are plenty that do it this way, too. We just happen to be one of them. Besides, if we change things around, you'll have people like me who will spend weeks doing the same thing, looking for a profile button and not being able to find it.
EDIT: This was my 1111th post.