That's a surprise. I didn't expect them to sub Naruto again, though I did enjoy their subs. For the "official subs"... I swear to god if I see the word "cripes!" one more time, I'll kill myself. At least DB used "Damn" and "Shit".
As far as what you've missed... I don't think you missed much that followed the manga. They did a big arc not from the manga that lasted a good 20 episodes. They started following the manga again around 112 (or 113), which if you haven't read the manga, you may want to watch them. And they did the Kakashi Chronicles (ep 119 and 120) from the manga, which was pretty cool. And for where the anime is now compared to the manga...
Sasuke already has his team together, and Naruto just met with Itachi
I haven't seen the last 5 or 6 eps, so not sure how those are.