Well, from your description, I'm confused then, as the regenerator now appears to be different than the old regenerator.
I can say this, that the regenerator and replensisher must match the bleach it is used with. The current bleach is C41 bleach III. It uses a new complex of iron instead of the previous ferric edta, so if the colors are the same, and the same intensity, I would say it can be used. If the regenerator is lighter in color but the same hue, then it can be used, but will need a longer time.
If the color is different than the bleach then they cannot be mixed.
Now, how to test it. Take a piece of B&W film and develop it to completion. Wash it and then dip it into the regenerator and time the amount of time it takes to clear. This is at room temp. Then fix the B&W film and make sure it clears completely.
If the bleaching takes place in under 3 minutes, then you can use it as a bleach for your color films. If it takes more than 3 minutes then use that extra time as a % over 3 mins for increasing the bleach time of color film at 100F. If the film does not clear at all, then it is unsuitable. If the film is not suitably clear after the fix, then the time in the bleach or the bleach activity was too low for good results with color film. You may have to use more time.
If no time increment works with the B&W film, then it is useless for a color bleach, but things can be done to make it work. For example, you could probably mix it with regular bleach 1:1 to extend the volume of good bleach. You would have to again test the bleach times to insure good bleaching.
Does this help?
PE