branded PAM or unbranded meaning: one has the gen "panerai" and whatever the gen has on the dial, the other does not. at all. just numbers, lume, dial, hands.
specifically, 111, 82, 55, 36 models (non-date w/ second hand)
I can't really vote as I feel both choices should be available.
There are some reps, that aren't 100% true copies with obvious flaws anyway. Having said that, a lot of these are just cool in their own right. So having something like that without a brand or logo would be awesome because you could make it your own. You can mod the lume color and do other mods and just have a "cool" watch---without worrying about replica accuracy per se--just aesthetics
I think that everyone buys their watches for themselves, if it floats your boat to have the brand name, then thats great. If it doesnt, then it doesnt.