I would say it's 'different', not better or worse.
(Edited for grammar.)
I also have a VM-2 and an 'original' Summer Special for that Keeper-Of-All-Keepers: The S&W J-Frame.
Each holster has its advantages, its disadvantages, and most importantly, its place.
The differences are pretty obvious (e.g., widely-spaced loops vs. closely-spaced loops, or just one loop for that matter, etc.). I think to fully appreciate them, you have to actually try both holsters.
In my experience, that means buying the holsters and wearing them for some time.
'C'est la vie.' 
PS: If it's any consolation, 'I feel your pain.' (Of indecision...) 
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Complete thread:
- FS: Milt Sparks VM-2 Holster (Black | 1½" Loops | 3½" 1911) -
FOG,
2013-02-08, 13:26
![[*]](themes/default/images/complete_thread.png "Open whole thread")
- A very wel made well designed holster! 6 months or more - Rob Leahy, 2013-02-08, 18:06
- FS: Milt Sparks VM-2 Holster (Black | 1½" Loops | 3½" 1911) -
Fivegunner,
2013-02-08, 18:54
- I prefer my own designs:-) But thanks. - Rob Leahy, 2013-02-09, 12:33
- Would this be better than a Summer Special? If so, why? -
Hobie,
2013-02-08, 20:02
- I would say it's 'different', not better or worse. - FOG, 2013-02-08, 20:30
- I have found the wider ISW rigs are far more comfortable - Rob Leahy, 2013-02-09, 12:36
- I would also add that I'm only selling this VM-2 because... - FOG, 2013-02-08, 20:50