As Jason England said, "The only thing that really survives from the Aristocrat line today is the name".
What about the stock? Isn't it the same stock, even if the finish is not identical to the old stuff?
When Jason England said that, he didn't mean the reprints (not yet produced then), he meant the Aristocrat used in casinos. Unfortunately I don't like those casino Aristocrat and don't have those decks to compare with Aristocrat 727.
As for 727 reprints, they are different stocks and different handling from the original 727. I would say both of them are good. Even though I am not able to describe the difference of handling well in English, I can prove they are different stocks by comparing the thickness:
▼Aristocrat 727 reprints (2011)
▼Aristocrat 727 original - Linen Finish (1982)
▼Aristocrat 727 original - High Finish (1973)