This is pretty cool, I don't have this mold, so it's cool to be getting a "new" mold in the set.

The redesign of the head to fit a G1 headmaster is a very nice touch. The third mode of a "space Jet" makes more sense to me than a city, especially for a space pirate.

Was this mold good for it's time? is it something that will look alright amongst more modern toys. How big is this toy, I get the impression that it's about a ultra size class?

there's not going to be a whole lot of foam in this box is there, they have stated that they've managed to keep the box size the same.