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There are several changes in the new design/package. Primary is the 3-cutter head instead of the two as used on the TP1300, and the thickness adjustment now uses a four-screw design that eliminates the need for the "head lock" which was a key feature on the older unit.
The newer planer also has newly designed dust chute which I believe can be positioned with the exhaust on the right or the left. It's also easier to remove, should you just want to let the chips fly.
However, the older TP1300 came with and extra set of blades and a stand, neither of which is supplied with the new model. It should also be noted that the TP1300 generally got very good reviews by the magazines, as well as the experienced owners. It's too early to tell with the new model.