v1 white had several more flaws than the black and still does with this new version. The dial is still the same color and the lume is off, but other than that the clasp is better than the v1 and the bezel is now right which is huge, because that thick font on the v1 bezel was an eyesore.. But other than that I don't think anything else has been improved on the white. The lume is off, although it looks like it could be off on the black too, but I should find that out shorty here when mine arrives. the black is definitely the one to get if you are looking for which one is closer to gen. Most everything is spot on on the black. Now with that said, I have noticed that in a lot of the pics the datewheels are left justified now. Just makes you wonder where the hell that come from since it wasn't an issue with the v1's. I made sure to tell my dealer to get me one with a centered datewheel and he did an awesome job finding me one and did it fast too. In my opinion I would have left the lume alone. It was good before, very good, and actually it is still good. It will shine all night long, but it might be a little mismatched from the hour markers to the hands. for me I don't care about that too much, but they should have done a better job with that. but black is definitely the better one by far as far as close to gen. Now with that said, I still think the white one is a very nice watch. It's excellent. Other than that lume and the dial color being wrong it's spot on to the gen too basically. The lume can be changed by a good competent lume guy like cwazy for a reasonable price, and then you have yourself a great one. Nobody will ever know the dial is the wrong color unless your holding it side by side with the gen. and how often is that going to happen?