The service bag has now arrived, so I have dismantled and compared an old and a new LA.
The new LA is almost identical to the old one; it still takes the same number of rotations to extend; it still extends to the same length; there is still a clutch.
I have cut the white plastic sleeves into pieces to look at their teeth, and from what I can see, the sleeve is identical on both LAs.
There seems to be only one change; the 'tooth' of the screw in the new LA is significantly smaller.
Performance changes:
-lower friction
-the new LA rattles less when extending/retracting
-the new LA is much quieter
-the new LA extends/retracts more smoothly, especially at high speed
Unfortunately, because the new LA has a thinner 'tooth', the new LA bends more when fully extended. The end of the rod can move by an extra mm in each direction. It is not actually as bad as the photo suggests, but is still noticeable.
Edit: There is also much more grease in the new LA. Grease has been applied inside the sleeve, inside the clutch and between the orange part and the outer casing. The plastic was also much harder to cut away on the newer LAs (more glue), which is why the two dark grey pieces look different in the picture below.