Each of the outputs on your older model represents outputs for each of the four received satellites (110/118/119/129) to feed individually into a separate required dpp44 switch. The dpp44 switch combines all four of those satellites and feeds to combined four satellite signals to a maximum of four receivers. Hence the "44" in dpp44. Four sat signals in, out to four receivers.
The newer model does not require the separate dpp44 switch because it is now integrated into the new lnb. Individual lines from the receivers can now be connected to the lnb without need for a separate switch. The lnb will pass signal from 110/118/119 together from any of the first three outputs on the left to a receiver. An additional lnb can be attached to the left hand side of the main component to receive signal from 129. A small jumper is connected from the output of the single add-on lnb to the fourth output (the one on the far right) of the main component. Together, all four satellite can now be delivered together to a maximum of three receivers.
Overall, it is a much easier piece of equipment to install with fewer points of failure (no dpp44 switch), and far fewer cables and fittings. You do lose the output for the fourth receiver, though. To answer your question....the number of cables from the dish would match the number of receivers you have in the house. If you have two rcvrs, you'd only need two cables. Three rcvrs, three cables. More than that and you would need the dpp44 switch. This is all based on your current Western Arc setup. Eastern Arc setups are even easier.