I'm reviewing the newest version of the palette, and I didn't use the older version so I'm unable to compare.
I picked this up a month ago, and I've used it everyday since. I find the shades to have varied levels of intensity, but they're all buildable and I love how the darkest shades are less pigmented as I don't have to be very careful when I'm building up my outer V but can still be very dark and intense if I use them as eyeliner. This is a great everyday palette, and I think it's best geared towards those that need more conservative makeup for school or work, those that don't want to think very hard when getting ready as you literally have your base, lid, and outer V shades lined up nicely in a row for you, or you just like neutrals and are sick of having pops of colors in other palettes that you don't use.
I took off a lippie because primer or concealer is a must, if you apply this on bare lids it will disappear in an hour or two. I have found the best results with the Milani primer. And just personal preference annoyances, I don't like the domed lid as it takes up unnecessary room in your drawer or makeup bag.