The new SAT which begins in 2016 will be back to a 1,600 scoring method with the essay optional. This is the way the SAT was before the 2005 revision.
Moreover, they are eliminating the penalty for wrong answers.
The full scope of what the new SAT looks like will be available from the College Board on April 16, 2014.
In the meantime, here is a New York Times article describing in some more detail the announcement by the College Board about the new SAT.