I think Hardwired is still one of the purest cyberpunk experiences out there, and if anything, the story is actually more relevant now than it was then. We draw closer to that dystopia every day.
And yeah - that reprint cover is awful.
The weirdest thing about it to me is that it appears that part of the goal was to try to tone it down a bit and make it more "realistic," but the original cover, cheesy though it is, is actually the more realistic of the two. Cowboy and Sarah, on the original, actually look pretty much exactly like they were described in the book. Sarah isn't even on the reprint, and Cowboy looks nothing like the way he's described.