There's still what must be a reference to Rail Settlement Plan in the bottom left (RSP No...).
National Rail certainly makes more sense to Joe Public.
Of course what we need now is an update to the amount of detail that can be included on a standard design ticket - such as an extra line for restriction information, or smaller/proportional text. It would be a big step to allow for more than 16 characters but would solve so many issues!
Unlike others, I am not proposing a radical or all-new ticket design, and doubt there would be much point when I'd hope and expect smartcards to come in within the next 5-10 years and make paper tickets virtually obsolete. That probably means ATOC fully intends to do exactly the opposite.
(for the transition, you'd have systems printing the crnt shortnd txt on machines that can't print more text and longer text on those that can - until all equipment is updated).