If we're still hoping to get fairly accurate rendering of legacy projects in the w3d, then this still needs addressing. Comparative screen shots from old and new renderer, from the opening state (before any click) of sample_17_rotation.xml:

The above is from CW renderer.

This is the w3d renderer.
It may also be worth noting that colors differ and the previewers still appear to have a different default scale and/or z-distance from the rendered objects in terms of 'Desktop starting camera position'.