although I could be wrong, I doubt they will use the old name, I believe this is their biggest ever ride investment and would think they wouldn't want to reuse an old ride name.
It is looking like it will be a great family thrill coaster, certainly more so than I would have predicted a few years ago, where I would have said if they do get a new coaster would be something from Zamperla or the like, let alone going with an Intamin, that looks like will have a few tricks up is sleeve and not be just a generic family/thrill coaster. Will be interesting if it does have spinning trains, as if they are the controlled spinning trains (rather than free spinning), these would cost considerably more than just standard trains