I believe 14 plasma screens are used. There is a new CG animated logo of the institute with the same "We're Crazy...About Ideas" Introduction.
The show consists of three shorts: one of a boy and a dog, a couple getting married, and a boy and a girl (I believe). Apparently, they deal with the imagination in one way or another.
I will miss True Colors, too, but I'm interesting to see how the new show turns out.