Branding Improvements?

A colleague sent me a link to a great site: BRAND NEW. It's a comprehensive review of corporate "re-brands." In other words, when companies try to refresh their image.

What I like about the site is the side-by-side comparison of the "before" and "after." In many cases, you see vast improvements, like with the example below:

However, what's MORE fun is to watch the "regressive" designs. That is, brands that look worse than before, like this:

Words can't really describe how BAD this new design is, but the blog commentators do a pretty good job of lampooning the effort.