I've gone through several tins of Elizabethan since it's release ... true, it's not the same as the original and there may be some merit in the suggestion that it should bear a different name, but that said, it's a decent blend that smokes well and I like it ...
By comparison, there's an iteration of Three Nuns on the market right now that bears absolutely NO resemblance to what most of us think of as the "original" ... the 'new' version contains NO Perique while it DOES contain some Oriental tobacco the "original" never had, yet many smokers like the "new" version quite well and are happy with it ...
Bottom line, IMO, is you should pick up a tin and decide for yourself what you think ... after all, your palate is uniquely your own and only you can decide whether it's right for you ... the fact that I and any number of others like or dislike it should not influence your opinion ... each among us has different taste, which is the precise reason why there are so many blends on the market ... there is no size that fits all ...