I have both versions and won't part with either
That said I happened to spot an older version at the POP store back in Oct2005 and questioned the CM about why they had hidden an older Pal in the display. He told me that you could "trade in" your older one for the new one but I don't recall the price.
The new HCOE (Happiest Celebration on Earth)Pal Mickey DOES interact with the pin, sorry the exact name is escaping me. I don't have one and I think that if I were to press the hand with the metal icon (unremovable and annoying to me) it will make the pin light up. They had those pins for the 100th I think too. But they do interact.
The new Mickey can't be updated at a store. As he enters a park that "update" is really only telling him which park he has entered and then the signals thru that park tells him what he needs to say from what he was already preprogramed to say. Old Pals can not say what the new one does like singing or about Soarin'. By the way the HCOE Singing is just too cute!!!! I love that and wish I could get him to do it when I want him to but he only does on his terms

They both play games and do tell some same jokes.
Also, they are now selling 4 outfits (FINALLY!) but I was last there over Marathon Weekend so I don't know how widely they are available now. When we were there they were just being released and only in a few stores. They have the traditional yellow poncho, a pin trading vest, safari outfit and mickey mouse fan club set. Cute

They've been spotted on eBay if you want to see pics before buying them, sadly I haven't loaded pics of ours to their site yet.
I had to laugh about the little one who had the meltdown. That would have been me at that age, heck that would have been me Sept 2004 when my original Pal freaked out, found out he only needed batteries
Our two are here to stay. They are part of the family as they are so woven into our trips and daily life (they are not-so-hidden mickey's in photos at home for birthdays and post-race celebrations).
My Mom has a set too, back in Oc2005 her new HCOE on his 1st visit to the parks wouldn't work. I think she said she went thru 2 or 3 new HCOE's before getting one that worked. It appears there were some bugs (tech bugs not real!) So they can't be updated with info, either they work or they don't. She's not the only one I've talked to that has gone thru this, not saying they are still having troubles but they can NOT update them. The original ones used to be sent signals at some stores like when mine freaked out in AK. They changed his batteries for me (because I didn't know that was why he freaked) and then put his nose in a box that told him he was in the AK told me to go to one of Tough to be Bug entrance and the signal there should get him to talk and it did. But from what I've been told over and over from CMs is the new HCOE can not do this and that it's even possible the ability to do this for the older ones might be gone as they might have removed the boxes.
Have fun with your Pals, old and new
