Except that the new beetle is a piece of **** plastic-fantastic, tarted up VW Golf. Whereas the Super Beetle is the pinnacle of the evolution of that small car, even came with the option for disc brakes and the 1600cc engine.
Now I know the Beetles are just a quick-to-the-point analogy, I can't help being a bit biased as I ride old steel, too. However, I will concede that perhaps there are better choices to 'restore' rather than a generic Huffy.