Why did you post this on my profile? Do you want a critique? Well, here goes!
At first glance, this doesn't look any different what-so-ever, especially from the small view, but once I went and clicked on the image, the first thing I noticed is the anatomically incorrect beach balls affixed to the fronts of their bodies got even larger.... Which as a personal preference, I do not like.
The changes made to the arms and legs do look like an improvement, I guess, but if their thighs are that thick, why are their waists basically nonexistent? Even in a cartoon style, it just looks very off to me.
You mean to tell me that it took you five years to go back to this photo and slightly edit it?
Twilight's hair does look better in the newer one in general, but the lack of gap between her eye and the line of her hair in the newer one makes her eyes look WAY too big. Perhaps they are just simply way too big.
For the record, I personally hate the sexualization of children's characters, or the sexualization of characters in general... so I'm not sure what you wanted from me here, but... this is what you've got. Take from it what you will.