Feels like every time I open Steam I'm waiting for the latest version to unpack...
Oh, that's odd. But I also have Steam launch at startup so maybe it's doing something in the background before I open it. I don't think I've really ever seen this unpacking thing unless I maybe am installing a Steam client update periodically
Sounds like you're using the Steam Beta Client, which does update very often. Maybe switching back to the stable branch would be better suited for you.