Every time a new army book is released, they reset which models are in the game, and how those models are. Some armies get drastic changes which basically makes you buy, and paint, all new models. The rules regarding how painted your minis needed to be in order to participate in official Games Workshop events changed, but if you actually paint your models itโs not really an issue.
Also, if you played a foot-heavy army in 40k, the 2" of 2 different model rules changed the way things moved significantly.
Warhammer (aka Fantasy) stopped existing, and was replaced by AoS in the 2010โs. So if you played fantasy and not AoS, it would be a huge change.
AoS (Age of Sigmar) is still fantasy in genre, it replaced WHFB (Warhammer Fantasy Battle) which GW killed off. The rulesets (and available armies) are very different. The easiest change you can see even in pictures is the round bases, and no movement trays.