Very cool game. I like the art and the music. However, I would change the trajectoy of the moon, it is a little unpredictable, and maybe have an option to not destroy a rewind position every time you fail to catch the moon.
Other than that, great game. Had very much fun with the puzzles.
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The trajectory is surely one of the weakest part of the game, and it's one of the main things the updated version improves.
As for the second suggestion, it may be an option for an easier difficulty, but the way it behaves now is definitely intended: it adds to the difficulty, makes you very conscious of your moves and gives you another way to clean up some rewind points that may be hard to reach