It looks better and it feels better are the first impressions, and now I've used one for a while I know it is better.
A good reel is like a good rod, you pick it up and you know in an instant if you're going to enjoy using it. Never mind what the specs are, how many million ball bearings, for all that is useless if it doesn't feel right. This reel does. You can tell with your eyes shut that it's a top of the range Shimano.
Most people call vacuum cleaners 'Hoovers', even when it could be a vacuum cleaner made by another manufacturer. It's the same with free-spool reels and one hell of a compliment to Shimano. Shimano will tell you if you use their trademark name of 'Baitrunner' when referring to any other make of free-spool reel - there's only one Baitrunner, they invented it and there are none better. Especially now they've introduced this XTE-A range with all its improvements.
The Baitrunner facility has benefitted from one of the improvements, it's crisper and more positive right from the moment you turn the handle to disengage it when you get a run.
The line lay is better, and it wasn't bad before. And the drag and Baitrunner tension adjustment has a greater sensitivity, as well as a greater range, from spinning freely to clamped down hard and fast.
 Excellent improvements to the drag and Baitrunner tension knob design
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One thing that hasn't received much of the hype but which is a very important improvement is the new design of the moulded rubber drag and baitrunner tension adjustment knobs. Apart from being ergonomically better there is nowhere near as much room for dust and mud to creep its way into the innards of the reel.
 Lubrication port - great idea
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And no longer will you have to take the side off the reel to oil the innards, now that there is maintenance port and a free bottle of lubricant in the box. This should be standard on all reels.
There are other improvements, some of which you won't know anything about until you've used and abused the reel over a season or more and noted how it's stood up to it. Casting, using the baitrunner and especially playing a fish, was a joy.
For now, go along to your nearest tackle shop and give one a spin. You'll know then that you need to upgrade your old Baitrunners, even if you don't realise it right now!