Nice vid, Garry! One of the things I noticed when I first used the old, pink polish was the lack of gobs of black residue while polishing. You could actually see the results you were getting while you work. Can I assume the new stuff works likewise?
TL
I'm obviously not Gary, but I saw that he did not get to your question, which I feel is an important one. Heres my own take on things.
The new formula removes the oxidation in a different fashion than the old, which results in black residue.
So basically the new formula is not just a tweak of the old, its actually a completely different makeup and product. Results are similar and it still cleans, polish's and protects. For example the new formula is a liquid with the consistency of water. Its no longer a lotion. Its a different color (now blue). It also separates on its own (possibly the abrasives and solvent separating ?) until you shake it back up.
since the product is a liquid, its easier to apply and completely wipeoff is small tight areas (for example, the fasteners on 3 piece wheels).
I have used it some, but am so used to the old formula that I have not switched over completely yet. (I will when I run out of the old bottles from BOGO !

Gary, whats your take on this information ? Also, I had a great time watching all your video's the other night. They were filled with excellent information and techniques that I learned a lot from. Keep up the great work ! I'm itching to watch some more in the future.