I like it too—it seems a tad overbalanced, but the shading is much nicer (the undertones!), and it's certainly spunkier. I seem to recall the last revamp going over as rather cutesy and generic; this one does have a bit more personality.
I'm liking everything about the new revamp, especially the legs, except for the face. I think it looks too prankster/street punk now. While the expression fits with a raccoon themed pet it doesn't match the old style at all.
It is rather amusing to me that I don't like the new attitude when usually I'm complaining about pets looking too cute/nice/generic happy. Go figure.