I'm really glad that something like this is happening. Considering the current state that the game is right now, an idea of bringing skillful formats back is amazing.
Ever since Konami decided to create Elemental Dragons and Spellbook of Judgment (ever since March, 2013), the idea of having a skillful format disappeared. Looking at the BS we're having right now in the TCG really sickens me. The fact that the game promotes LUCK and bad players is disgusting. Making OP cards one after the other, creating stupid decks that indeed win games but essentially "do 1 thing", thus removing the need to think about your plays and actually overall THINK. No wonder why so many of the old players just stopped playing this...
But anyway, NewGiOh looks really interesting - unlike Konami's advanced format. I hope it actually becomes a thing, or at least forces Konami to fix the stupid format that the TCG is right now.