I was excited when the 4th gen 4Runner came out, until I drove one and couldn't live with the lack of headroom. Having to drive with a "gangster lean" wasn't something I was interested in doing.
I was again excited when the 5th gen came out, but when I drove all three models (SR5, Trail Edition, Limited) I was disappointed in some of the cheap interior and exterior materials. Although the headroom was improved over the 4th gen.
It appears that the interior materials have been slightly improved on the '14, and the front end looks less cheap to me. So I think it's an improvement over the '10-'13.
The lack of a V8, and/or manual trans, means that I'll probably just continue to hang on to my current '97 V6, 4x4, 5-speed, E-locker, Leather, Mooonroof equipped 4Runner with 118k on the odo, which I bought new. Considering that I only drive it maybe 2k miles a year as it is at this point, I would have to be really interested in the updated '14 4Runner, to buy one.