I've been on spectal for almost two months now and I must say that I am not that impressed. Although I haven't really been on it long enough to make a judgement call, I can tell you that it isn't nearly as "clean feeling" or cosmetically appealing as the foam. So, as soon as this second bottle runs out I will probably be going back to the foam, which I absolutely loved.
However, If you decide to stick with the spectral, I will sell you my last (3rd) bottle for $25.00 (includes shipping). And yes, it's the new formula.