True, G2 came in the late nineties and had no cartoon show. The designs were far different from G1 and it had very little success. My Little Pony Tales had sort of antropomorphic ponies (or stood on two legs like regular humans) but remained with the G1 design. Their toy production as far as I researched was limited to some countries and by that time I stopped collecting them so I never got to see the show until several years later.
Well, it´s better because there was more production put into it. The 1980s ponies had such a poor animation, mostly it was done overseas and from other known studios in Japan like Toei Animation and the movies were straight to video kinda thing. The writers of the show were actually pretty decent because they had worked on sitcoms in the 70s and continued to write for kids shows, such as George Arthur Bloom who wrote most of the material for the G1 cartoon shows and movies including My Little Pony Tales. Thus, the more successful are the toy sales they´ll keep investing in better animation. However, let´s not forget it´s still a glorified toy comercial; those princess castles and talking alicorns with rainbow manes aren´t gonna sell by themselves, are they?