Sentence:  The 'old-look' and the 'bald-pink-and-wrinkled-look' are, in this context at least, one and the same. <WSD>Phenomenally</WSD> speaking, that is, the predicates 'old' and 'bald, pink, and wrinkled' here are equivalent ... 
Meaning of the word marked with <WSD> tags:  In terms of phenomena.