It is doing great in the looks department. Price has about $30 shaved off. Heating element is a bit smaller, and capacity looks like it is slightly reduced.
It has bluetooth and connectivity to phones. I'm not really sure I'd be interested in that but I'll bet the mass market is.
Having the clamp adjustable seems really nice though.
Kickstarter got funded within hours, and raised another 20k in the last 10-15 minutes.
Looks like it's not quite as nice as the original one but it looks a lot better.