Proportionally it looks a little closer to the classic Beetle than the last New Beetle did. The front is a little more retro too, it appears to have been styled to look like a classic Beetle with the chrome "eyelids" you occasionally see, with a slightly sleeply look:
[ img]http://farm4.static.flickr.com/3449/3874654896_f0c7eabde9.jpg[/img]
My only major reservation with the design is that it looks very under-wheeled. I'm not normally a fan of massive wheels but the new shape absolutely dwarfs the wheels it's on in the images above, even though they look about 16". I reckon you'd be looking at 18" minimum to look in proportion with the rest of the car.