For me the LN adjuster has been the worst possible one, although it looks brilliantly simple at first sight. There's no "gear" on the adjustment, so you will have to loosen something else when adjusting. And every time when adjusting, the iron "rides" to the same direction where you turn the knob. The small planes aren't all that bad, but frankly I hate my #62 for the poor adjuster. No tuning, lapping or greasing improves the adjuster.
To return to the new baby, I'm a bit surprised about the strong criticism. OK, it sure is an expensive plane, but then again so are many others as well. There are limits even to the best handwork (like Wayne Anderson or Konrad Sauer) or small-scale industrial perfection (like Karl Holtey). Both styles lean heavily to plate steel manufactury, just as the old craftsmen who made the original infills. Cast structures and that sort of space-age design requires quite a bit of industry behind it.
I don't see the new plane as much a competitor to the traditional hand-made tools but something new: a "designer plane", which has just as much value in it's design and style as any design item. You won't say that "that Alessi does not do anything my good old plastic lemon squeezer doesn't" as everyone can see it just isn't the point. On that plane you pay £100 and some for a ferking brilliant plane and another £100 for a design item. It's simple as that.
Isn't that the whole point behind "premium?" That it isn't just practical, no-nonsense workhorse, but something more than that?
In that light I understand the new stainless version very well, but I'm not sure if the other one has enough bling in it :wink:
Pekka
P.S: would I want one? Hmm. Probably yes, but then again if we count out my Clifton #5 and LN #62, all my other planes were made before WW2 and most of them before the first one. The new plane would probably look a bit too posh on the row