I liked the old wreath. I like the new one too, but that's an aside. I still have yet to hear whether or not it was in fact intentional for this furniture to be replaced.

I don't think it was intentional. Because there have been certain graphics in the game that have actually been changed (like the sign and the regular chairs). In those cases, it was a sweeping change that affected all chairs and signs in the game (including furniture). That's not the case for the wreath and the other furniture items that were "replaced". Because in fact the old models still exist in-game, and if placed in a house/GH before the new ones were released, still appear as the old versions.

Also, what would be the reason to replace the old furniture? Classic makes a point of preserving old items. There's no reason for these specific furniture items to be replaced. It just seems like an oversight.

I really wish Dusty or someone could shine some light on this, and at least let us know if it was in fact intended or not.