First off, either they got a new photographer or the one they normally have was having an off day, because normally their "official photos" are much better than these.
With the helmet on this guy looks great. But the face is all kinds of wrong. So often monster sculpts get a free pass because we're not as privy to the subtleties of non-human faces, but if this were a human sculpt it'd be as off as a Brad Pitt sculpt that looks like George Clooney. When I look at this face I think, "who is that supposed to be?". As someone else pointed out, the "nose" area is way too long, and I think the inner teeth and eyes seem off as well. And as has been mentioned, the mandibles are completely out of character.
Recycling parts is annoying, but recycling the same mistakes they made with the original release is downright frustrating. The way the blades extend is still wrong (their retracted position should be their extended position, with the real retracted position being all the way inside the box), the canon is still way too small and I can't believe they still fastened it to the body with that stupid pole they copied from the McFarlane Predator 2 figure so long ago.
Also disappointing is the lack of accessories; I really thought they could have gone above and beyond for this figure, especially with it being a remake. Instead, it's just the same stuff the original came with, most of it literally the same stuff.
On the plus side the paint application and body/armor looks really good. If the price isn't outrageously north of $200 I'll likely take a wait and see with this one, in hopes that the final release sees some major improvements. That's really disappointing considering this was my most-anticipated new figure of the year.