Sudafed will contain phenylephrine instead of pseudoephredine.  

Ora

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The company will continue selling the original Sudafed throughout the
     country after Sudafed PE is introduced in late January, according to
     spokesman Jay Kosminsky. Prices will be comparable for the two products.
     The change only affects Sudafed products containing pseudoephedrine by
     itself. Other products in the Sudafed line such as Sudafed Cold and Flu,
     which combine pseudoephedrine with other ingredients, will be completely
     converted to phenylephrine later in 2005.
     "This is to help consumers, regardless of what choices states make,"
     Kosminsky said.
     There are no head-to-head studies to compare the effectiveness of
     phenylephrine with pseudoephedrine, he said, and some people will still
     prefer the original in states without pseudoephedrine restrictions.