No, not at all. The sculpt was messed up. Far too slanted/elongated like P2's head. Which is very sad because at comic-con 2010 they even showed a concept drawing for the P1 LSB and it looked great..head shape was perfect.
As for the paint, I never thought it looked $350-worthy on the prototype. It was always to pale/bland/dull...lifeless. And then of course it didn't look any better on the final product.
This, however..this looks perfect for what it is. This isn't 100% accurate. Nothing will ever be 100% accurate. But it's pretty damn close. The paint is beautiful, the sculpt is very good...this is what I want for the LSB line.