Ramayana by Anand Sagar is much much better in terms of:
1)Star Cast:
Ram looks young, sleek, respectable and Handsome. Unlike Ram played by Arun Govil...who looked middle aged, fat and boringly sober. Sita is aggressive, dazzling and determined not a cry baby like the one in Ramanand Sagars Ramayana. Also she is much prettier and sharper than Deepika Chikhalia. Ravana looks more real compared to earlier Ravana. He is young and Manly. Not at all melodramatic.
Hanuman is yound and looks real. Dara singh was very old.
2) Pace:
This Ramayana is fast paced unlike the earlier one which was painfully slow. (Remember: One Teer(arrow) took an entire episode to cross.
3)Story Details:
This story is unbiased and detailed. All the negative characters are explained very well. Like Bali.
Ravanas story is told from his birth. Ravanas birth and his mothers role behind his evils acts is shown.
The sets:
Lanka Nagari looks cool. It is shown on the sea shore and spacial effects are great.
To sum it all this Ramayana is dramatic and glamorous but not melodramatic or crassy like the earlier one.