This isn't a new foundation as far as I'm aware of, nor do I know if it was reformulated, but in our drugstores we currently have versions with a clear cap and this black one. I was sent a bottle recently and I got it in the palest shade I've seen so far. There is an impressive 40 shades in this line and in twist I've never expected from a drugstore foundation, it's actually too light for me. Max Factor really pulled all the stops when it comes to catering to even the palest of skin tones. The formula claims to be a three in one: a primer, a concealer and a foundation. As an extra plus it also has an SPF 20, though it's on the low side. I used to have a primer from this line and I liked it a lot, but it's since disappeared from our drugstores.
Texture: It doesn't appear to be a very thick foundation when you squeeze it out, but it feels thick when you try to blend it in. It's not an easy foundation to blend to me, maybe because my skin is on the dry side, but it lack some emollient feeling that would make it blend easier and not stick to one place too much.

Coverage and finish: It's got a light-medium coverage and it creates quite a nice even finish, but it can't cover redness from spots. Finish is very matte, too much for me. It looks nice freshly applied, but in time it becomes an obvious, flat looking foundation. Despite sticking in place like cemented, in an hour I get those white spots around my nose where the foundation slid into and stuck in the pores too much. Sa...