Somewhere in the middle.
It's not a reprint. New writer, new art, new comics. However, Snake-Eyes Declassified is a retelling of Larry Hama's story.
So it begins with Snake-Eyes, Storm Shadow and Stalker serving together in the military and Storm Shadow jumps out of the helicopter to save Snake-Eyes (like in ARAH 26), Firefly and Zartan's roles are explained (like in Joe 84 and 126), Zartan kills Hard Master and Storm Shadow is blamed (Joe 27), Storm Shadow joins cobra, Stalker recruits Snake-Eyes to joe team, Snake-Eyes gets disfigured saving Scarlet in helicopter crash, etc..... (thumbs u