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I think there were two important differences, though. With G2 and G3 (well, until the very end of G3 when it was ALL Core 7), they re-released the older favorites with a new twist, but still mixed in a lot of new characters in each line
Am I the only one thinking that the G4 line is circling the drain? I started to follow that up with a frowny face, but actually, I would love a new gen if it meant NEW PONIES!
As others have mentioned, they have so many adorable background characters and they know the fans notice those (hence the Fan Favorite Collection), and I think it would be great if they continued on that path. We would get new (never made before) ponies that collectors would love because it's something new, that kids would love because (again) it's something new and that all the fans of the show would love because they are seen in the show.
But if Hasbro doesn't want to release new G4 ponies that interest me I will just take my money to other toy companies.