Thanks to everyone for the thoughtful input.
Here's my take after reading the opinions on these two exquisite timepieces.
Love the cream colored text, silver hands and sandwich dial of the 388.
PAM logo on the 380 adds a nice graphic touch to the face.
I know many of you prefer the date, but to me the watch looks cleaner without it.
Like the seconds hand without the 9.
With all of that said, here is my fantasy Panerai watch, courtesy of Photoshop.
Back to reality, leaning towards the 388.