I have had this watch for 2 days so these are first blush reports.
Case: I have a 7 1/4" wrist so its not that large for a 41"+ diameter watch. My experiences with the Datograph and 5070 were not good, never could get it tight enough on my wrist so it wouldn't move all over the place without shutting of the circulation to my hand. I wasn't sure how it Vacheeron Malte would fit on my wrist so once it arrived and tried it on I was relieved and happy. It felt like the watch was made for my wrist. Both the size and weight felt very comfortable and the best part it sat still without moving over to the side of my wrist. The Malte lugs and the bezel design is very easy to look at, I really like crown with the maltese cross. The complaint, the pushers stick out to much.
Dial: Better than I thought the micro blast is very subtle and seems to change depending n how the light hits it. I am not bothered by the "chronographe & 950 plat" at all. The sub-dials and the outer chapter ring are very easy to read (even for old eyes). The chrono sweep second hand is very elegant and has the open pointer on the end similar to the hand at the 3:00 subdial. The difference is the proportions for the chrono hand work very well. Its long and the pointer is very small, while the one on the sub-dial looks totally out of proportion. The small hands has a large pointer on the end and is distracting (I wonder if V&C would change it?). Other than that I could find no wrong with it at all. Its stunning.
Movement: I spent much time on another Vacheron forum discussing the differences between PP and V&C movement and have to say they do have a couple of good points. Primarily PP adds their "free oscillating balance while V&C uses a their "swans neck regulated balance". After listening to the arguments and reading the article (Alex recommended...thanks alex) I have to agree that the free oscilling system has some merits you do not get with the V&C. Now that I got that out of the way the finish work on the V&C is as good as the PP and as the picture shows its very easy on the eyes. The pushers are much smoother that the PP (and the historique...does that make any sense).
In summary as our fearless leader says its one very cooooool watch.