I love Scott's story that this was his "Woody" and went everywhere with him.
Bespin Luke (and Luke in general) wasn't my favorite... That was always a Han figure, but I still liked him. Mine was a hand-me-down and worn out, so I just didn't take to it really for some reason or another.
The latest incarnation of Bespin Luke is indeed a thing of beauty... I don't yet put it up on a pedastal with others like VOTC/EB Chewie, or VTSC IG-88, but I'd say it's pretty close to that range for me. The super duper articulation is great on it, and the likeness is fantastic. I honestly didn't mind the VTSC Luke's headsculpt... It wasn't really great, but I didn't look at it as attrocious either. I figured there were far worse anyway.
This figure's improvements with the ball-jointed hips, the better decoration, and the fantastic headsculpt though, are all really vastly better though. I'm a little torn on the blaster's size. It's bigger, but not necessarilly inaccurate. The previous figure's blaster looked nice though, and was a crisper sculpt. Part of me will miss that.
My only real gripe is the lack of a saber hilt hole. Luke runs around a bit with that hilt on his belt, so that's disappointing.
I'm really anxious to see Hasbro deliver a battledamaged version of this character (I hope they retool the torso slightly to give him ripped pocket flaps), and like Jayson said, I'd like to see him re-used (partially) for a Dagobah figure. In particular, I'd like to see him get a new torso/arms, re-use the legs and head, and then a cloth jacket he can put on and leave open. A truly great Dagobah Luke does not exist IMO, and this figure's a great start to one.