I have not played with the new system, so I can't really say anything concrete about it; it's just that it feels rather simplistic to me. I've played several old RPGs (D&D, AD&D, Cthulhu, Nephilim, Vampire, Mage, Wraith, Ars Magica, Warhammer, Stormbringer, etc) and being over 40 now, I can't help but feel nostalgic about those years.
Personally, I prefer the complex & detailed rule systems, like Warhammer RPG and Nephilim,but I believe that a good DM with decent players can stage a very thrilling session, no matter what rules are used.