Uhhhhhhhh, I quite like that especially in the Clockwork S guise, (although strictly speaking it goes against its heritage, so I can see why its a bit naughty in retro terms!), once I get comfy with being off road I had thought about maybe trying the 29'er wheels.
That said I ain't got the money either way and I'm well happy with the P7 at present so its wishful thinking anyway. Damn it!
I did a simple comparison online with pound values of 1993 compared to 2012 and the base Clockwork LX rrp then would have been £619 which has a relative value today of around £983.
If you consider that the new one has 29" wheels and a suspension fork for £899 plus its aluminium, its not that bad value. There are better spec bikes available for the same money though, so I would agree they are sullying the clockwork name somewhat, so it is a bit of a cash-in/marketing ploy like taffy says. Also isn't Acera like a leisure component group rather than a proper MTB spec groupset?