So, I just found another video demonstrating the Liteway Plus:
http://www.youtube.com/watch?v=ypPUC_NPjEY
I don't think it looks like it reclines all the way. It looks like about a 3/4 recline when not using the car seat.
Personally, that would not matter to me, b/c I always use the carseat in the snap n go until about 4-5 months anyway, and by that time, the baby would be fine only partially reclining. But, if that is a deal breaker for you, from what I can tell, the Plus cannot recline all the way flat like the original Liteway can.