They're extensively improved now. Even little things like the arm rest and lifter. They should add vernier marks on the VTA adjuster. Works fine, just have to DIY if you want that, which is not at all hard to do. My favorite is they added a little threaded counterweight that makes it a whole lot easier to fine tune VTF. Plus a lot of little visual style type improvements.
You are right about the sword cutting both ways. My first arm was the Graham 2.0 and it had a slew of really awesome features, most all of which I later came to realize detract from performance at least as much as they deliver. But that was Graham. There is always room to do things better, and the devil is in the details.
Feel free to call or email any time. Love to know how this works out for you.