The new parallel flow condensors (left side of your pic) are generally considered to be more efficient than the old serpentine tube and fin condensors as originally used. Especially if converting to something more readily-available than R12
Whelp, only thing I'd add to that is this.
R12 demand isn't what it used to be... so many converted to r134a, sanden style compressors, and those parallel flow units to make the 134a work better as well. R12 also operates lower pressures so you use less of it
R12 is around $30/lb retailed, and, cheaper if you can find it private party. With so few people wanting it I find it readily available, although, it's not like I live in NYC, LA, or some other majorly built up area.
R134a is up already around $14-18lb retailed and climbing as companies stop making it. The conversion costs are no longer recouped by a $6 to charge whole-system savings, and, in the next few years will likely get only more expensive and harder to find. Going to the normally cheaper priced stores show empty shelves for it, even at the higher prices, so you've got to wonder how much is temporarly 'supply chain'and how much that references a permanent demand vs companies making other things scenario. So it's less per pound, but, you also use more. You're really not saving so much.
R1234y is brand new and $50/lb retailed. Easiest to get, but, you can see why not going there is worthwhile.
So although 134a is still cheapest per pound now, I'd doubt it stays that way especially with it just starting the phased out journey.
These days my r12 vehicles will stay r12. Had I lived in a big metro where that wasn't as practical, maybe a different answer.