Pretty indifferent to be honest. I loved the 150th anniversary shirts with the simple, classic, original Wasp badge, so the loss of the rugby ball outline behind it is not something I will mourn. Bit confused as the new version manages to be at once angry and aggressive looking while being overly "cartoony" to the point of slightly endearing.
The only element I really take issue with however is the fact that it is looking the wrong way. Flip it and it is instantly more familiar.
I'm sure this is very similar to a version that was leaked or inadvertently appeared on some design studio's website a few years ago. Looks like all trace of that has since been removed, so can't be sure, but it wasn't a million miles from this.