....hhhmmmmm.....interesting question. Overall it looks and feels the same to me. That said, there are some subtle differences that could prove substantial. The first is that Mad Catz has taken a leadership (forward looking, trying to shape of their industry) role in their markets rather than being a follower. The second is their attempt to achieve stable/growing profitability and not ramp revenue at all costs (which makes for a more sustainable business model if you ask me). The third is a stronger more seasoned leadership team than in the past (they have learned a few things over the years and have some new experienced blood as well).
All that said, in the past there was also optimism about lasting change that made some of us feel that "this time is different"....and it wasn't .....and I still have a few 2.30 shares! I am reasonably confident that even those shares will be sold for a profit within a year.....and I'm also sure that when the stock approaches $3 I will be holding very few shares.