I became aware of these a bit late, having been out of "Muppet" touch a while, and just this week decided to bite the bullet and get an orange one. I already had one of the hot-glue Whatnots (a Christmas gift a couple of years ago), and I was glad that it's a blue one because the blue kit is girl-themed while the orange one is male.
Since I only have the orange one to compare to the older version, the only difference I really see is that the material is very different; the older one won't "accept" the Velcro parts. Everything else appears to be the same...including the finishing of the hands and the unique type of control rod used. Of course, the kit is best for simple, classic "human" Muppets...the coolest (and most monsterish) parts are still only available for the hot-glue Whatnots.
That said, I am amazed at how awesome it is. I had an Anything Muppet when they first came out over 35 years ago, and I loved it for many years. It's funny how the sticky Velcro still falls off of some parts (hair back then, the glasses now)...some things never change! But the quality of the new version is just incredible. When I set it up, I just can't believe it wasn't hundreds of dollars. It looks like a real Muppet...absolutely amazing.
I wanted the suit outfit but they didn't have it, so I got a "leather" jacket and switched out the Tux from my blue Whatnot and put that on my new orange Whatnot. (The leather jacket looks better on the monster, and I was able to secure the moustache and goatee from the new kit, which diminish the cheap-looking foam fangs I wasn't thrilled with and adds to his monster-biker look!) I don't see myself switching things out much...just keeping him on display with the most authentic-looking Muppet features—the rounded, lidded eyes and the same-color pointy nose.
While the quality is very good, I was glad there were four of these left at one of my local TRU's. (They only had the orange ones, and my other local store had none of either.) The craftsmanship of the eyes varies a lot, and you have to be sure you aren't getting poorly-assembled ones (excess glue around the flocked pupils, inconsistently-applied lids, etc.). Also, I wasn't pleased with the wrinkly, loose finishing inside a couple of the puppets' mouths. Fortunately I was able to get a kit that had everything just about right, but it was the only one of the four. (I also bought some more Velcro and applied it to the hair, the outer ridges of the eyes, and the upper part of the nose so they'd lay down flatter...it's a very valid criticism that some of the features, especially the Ernie-type eyes, are not well-fitted to the face for such an expensive kit.)
I have seen several of the blue kits in a TRU about an hour away, and others I've been to haven't had any of these kits. I can't believe I missed them over Christmas...I just don't go through the FAO Schwarz section. Among the five or six TRU's I've been to since the first of the year, only two have had these kits left (and both had them hidden on endcaps), very few had any of the clothes, and only one had any of the Muppet puppets...and just Kermit at that one. I wonder how these did, and if they'll be restocked. If they had a display with one of them assembled, I can only imagine how much better they'd have done...$60 seems outrageous for what you see (it held me back for several weeks), but once assembled they look like they're worth twice that or more. I also think the $20 clothes were overpriced...the same for the hoodie as for the business suit, which seems ridiculous, and knowing you had to add that to the cost of the puppet made it seem like an indulgence. It did to me, but now I'm so glad I did it: