As discussed up thread, this will be the SWR livery applied going forward, as it is cheaper and simpler to apply.
Agreed, there are only 6 years of this franchise also SWR obivously have much bigger problems to tackle rather than the livery.
If First don't manage to keep the next SW franchise then I suppose the livery, even still called SWR, may change under the new operator and if this is awarded for longer than 6 years then I imagine more effort & money will be spent on doing the livery & branding properly than a "sticking plaster".
The one positive thing is that it means more paint, less vinyl. On the previous version the vertical vinyl joins on the pale bodyside were very evident. Just looks a bit dull now.
Dull it may look, I realise it reminds me a little of Arriva Northern's livery with the dark blue & white but Northern's looks nicer and more colourful!
Shame though, I hope some of the old SWT branding - I prefer it - will continue to linger on until the end of this franchise, there already are some sightings of old FGW still inside GWR territory.