I got my Noob SubC Hulk V2 (1st batch) yesterday. To sum it up: It is a very good watch in itself. But I really fail to see the holy grail in it, like some others do.
As for accuracy, there is plenty of room for improvement left.
As for luxury look and feel, it has become better than V1, especially pearl, bezel turning feeling and the lume dots, but there is still a lot to wish for.
To check accuracy and look & feel I picked an AD not far from my place, who I knew has a gen Hulk on stock (unfortunately not on display, so I couldn't compare V2 and gen with my nose against the window). I put my V2 in the pocket, entered the store, and had him bring me the gen Hulk, so I compared with rep from memory as good as I could.
My findings so far:
1) The rep bracelet and clasp is crap. Maybe just luck of the draw, but all the more compared with gen, mine is utterly crap. It feels flimsy, thin, tinny, has already some play etc. even after a waxing treatment. The clasp's security cap won't close completely; I had to file it down a bit, and still it isn't perfection. TBH, I have a Smurf "ultimate version" (noob V1) from Joshua from 2 years ago that has a bracelet that easily(!) rivals the gen (steel version), and the clasp is pretty good. It iis much more sturdy, heavier, thicker etc than this V2 bracelet/clasp. Did I already mention that my V2 rep bracelet and clasp are crap? So, just that you know it: my V2 rep bracelet and clasp are crap... 5-6 / 10 points rep vs gen.
And let's face it: The bracelet & clasp make easily 50% of the feeling of a watch...
I REALLY fail to understand how some ppl here rave about the V2 bracelet?!? I mean, really WTF?!?
2) The sunburst dial is nice on the rep, but the gen is much more "sunbursting" if u know what I mean. Even under normal indoor lighting conditions it sparkles away. Not so the rep. It does have some neat sunburst, but it is nowhere like gen. 7-8/10
3) The crown guards are STILL NOT PERFECT!! I think that also goes for the lugs. The OP points this out, too. FFS, how hard can this be?!?!? BP got that right from the start?! Yes, there is improvement to noob V1, but at the end of the day it is still wrong. I think it is not so much measureable difference between rep and gen, some 1/10mm, but the gen somehow simply looks more chunky... 9/10
4) AFAI can say, the crown position is a wee bit lower than gen, but that is not a deal breaker in my book. 9,5/10
5) Dial print looks great, correct spacings from what I could make out etc. 9/10, lume dots also great 9/10. Pearl is fantastic: 10/10
6) Insert is crap, of course. We know that. Seeing the gen in comparison is simply a different world, as for the platinum effect, the depth and at the same way the smoothness of the engravings....
7) And for the love of god, I am SURE that the gen had a slightly brighter green all over, esp. the insert, but I cannot 100% confirm, because this watch really is a chameleon, and one really has to hold gen hulk and rep side by side under identical light conditions to tell for sure. BUT I AM prettypretty sure.... => 6/10 for the insert
(side note: The gen had a slightly misalinged insert, as the pearl marker on the insert did not perfectly line up with the 12 o'clock dial mark....so much for that

)
7) All hands are good enough, without a loupe at least. rep looks a bit "flat" in comparison. All in all: 9/10
8) Bezel turning feeling: It IS better than V1, even with the tooth floss trick. But it STILL is NOWHERE where the gen is, neither feeling nor sounds. Period. 7.5/10
9) Rehaut engravings: From what little that I could see in my 5 minutes check up there is again some difference in the smoothness. 8-9/10 Alignment is top notch though! 10/10
10) LEC is great on rep, barely visible. Couldn't see the gen LEC at the AD at all. => 9/10
11) AR on the cycopls? Puh-lease..... That blue tint is utterly crap!! Not only does it not at all AR anything, it even spoils the whole crystal with the bloody blue tint, which is not visible on the gen in your hand under normal light conditions. Au contrair on the rep. The blue is omnipresence.... what a bummer! Will have to have Domi rip this sücker of the xtal and get it done properly -- if I keep this Hulk at all. We will see.
My brother has a gen Hulk. We rarely see each other due to distance in places where we live. But I will try to do a complete 1:1 high res photo comparison when I see him next time.