Yes, the new one is an overall improvement, but the old version looks just fine...unless you have this one next to it. IMO the incremental improvement isn't worth @$285 (with shipping & taxes).
Having had the original and even modded/customized it to upgrade it at the time, I'd say this new one is more than just an incremental improvement. Incremental to me is the DX12 to the Armory version or BVS Superman to JL Superman. If you had the DX12 all you needed was the new head & mouthpieces from the armory version and you'd be just fine. However, this Two-Face has upgraded sculpt detailing, paint apps, tailoring, body, fabric choices and overall more accurate.