It looks like they wipe out the G.I. Joe team so that they can re-launch the series. Good idea. I'd rather an almost clean wipe of the team and minimal reference to the first movie. Sure, Duke, Snake Eyes, Storm Shadow and Zartan are still in play and it builds off Zartan is the president, but most of the original cast is gone.
G.I.Joe has enough characters that they can afford to wipe out a bunch of guys and give us a clean new team with a few core elements from the first movie in place.
What I was surprised to see was The Rock's tattoo on his left arm peck were not covered with makeup. It will be interesting to see if his action figure includes the tattoos and what sort of detail they will have.