One thing I noticed in my experiments was that where water was in a small hollow or came up to a shallow bank, it blended into the bank much better in TSX mode than in Legeacy Mode which tended to have a very noticeable straight line where the water decal disappeared into the terrain bank.
I do prefer the colours that RW2 gave as the more realistic dark shades of TSX are a bit depressing especially with the slightly blurred effect that TSX gives. It would be nice if Legacy Mode could at least match the colour and brightness level of RW2 but at the moment it is too garish although perhaps a much more cheerful alternative to the dull and lifeless dark world of TSX.
Just my own view of course

