He's in love with being in love He doesn't know what true, deep love is. For all we know, he could be doing the "love bombing" exercise w/the new one. She not special either, she just happened along and made his ego feel so much better than the last one. Those who have issues, usually will bounce around and until they come to realize that in order to love themselves, they need to look within for that happiness. He'll being happy until the shine wears off this relationship and he'll be looking once again.
No, you don't sound bitter, you sound very, very hurt. No, you and the kids didn't deserve this...but you need to look at this another way...be thankful he's not living under your roof while acting out. Trust me when I say this, it would have been an eggshell event each and every day and it would have gotten to you and your children more than you realize. It is best he is out on the street. He needs to grow up and learn responsibility and be accountable for his actions.
He will only be happy until a new "toy" comes along.
Sit quietly, the answers will reveal themselves when you least expect them to. The past is gone, the present is a gift and you need to focus on today, allow the future to reveal itself when it is ready.