Although I collected dozens of books from the 1st WOD, among all the game lines, and I loved the setting - the 'Real World,' but through a glass darkly, populated with all sorts of monsters - I much prefer the new WOD. I really like how there's 1 main rule book (this one), which all the other game lines start from. And especially how - using the main rule book - there's no duplication of rules in each core book, and the rules are all the same, making crossovers or mixed-race stories so much more possible (you don't have to mess with trying to make the rules from the various game lines mesh with each other). Also, the fact that you can start with mortal characters, whose eyes have been opened - at least somewhat - to the nWOD, to play games featuring ghosts or other 'lesser' monsters, especially with a new troupe of players, is a perfect way to introduce them to this type of role playing (Storytelling).
The other thing I've always been so impressed with White Wolf and it's Storytelling games is the obvious amount of research and detail they bring to their games, especially given the setting is in an altered version of our world. So, much of what is brought up in their game books are things we (may) already be familiar with.
Congratulations to White Wolf for reimagining what was already a great gaming system and set of game lines, and I look forward to what more they'll come up with!
[5 of 5 Stars!]