I have Reed 3Q 12 inch arm (cocobolo) and used it with Air Tight PC-1 Supreme and now have Lyra Atlas on it. Using both on TW Raven AC-1, I would give an edge to Lyra. Air Tight is a bit cooler, a little bit more delicate, bass is tight, deep. Lyra is more robust, more slam, bigger sounding, a bit more full body. Neither sound harsh, bright or edgy on lesser recording. Air Tight/Reed combination was great on most classical, vocal, chamber, piano music but not as good on rock,pop, large symphonic pieces. Lyra/Reed is really good on just about all kind of music I throw at it. Mine you, Air Tight can definite rock but not with Reed. Air Tight bass was excellent with Graham but I never quite managed to get the same magic on vocal, piano or violin as I did with Reed. In fact overall, I prefer Air Tight on Reed or JWM 10.5i than Graham. However, Graham is a much much better match to Dynavector XV-1s than Reed or JWM 10.5i.
If you stick with Reed, I definitely would go with Lyra. If it is other arms, it really would depends on synergy, I suppose.