This film could be set between Mad Max and Mad Max 2. On the other hand, we could also look at this as being a new story line altogether. As stated, the new Falcon does have the custom front end. However, there have been modifications made to it. I.e. the headlight covers are different, it doesn't have the spoiler section below the bumper and it doesn't have what they call the "Sunraysia" wheels on it. Nitpicking, I know, but if they were going to set it between the two original films then you'd think that they'd at least get the vehicle details right. I mean, the car is an important part of the first two films.
I guess we're going to have to wait and see what they do and where they go with the story line. All we can ask is that it doesn't suck and they stay as true as they can to the original films.
Cheers,
Lawrie.