well, if you want to use the pano function a lot it's less than ideal. The way the clamp threads on, you have to work the pano knob's position a bit as you threat the clamp onto the head. but here's how mine looks:
top right you can see where my pano lock lives. I don't use the pano lock and that's out of the way since it's under the lever lock. The shot below that shows how much you need to loosen that knob to get it to pan, it's around 135º and works at any position, it's just hard to get at it when it's under the level (which is exactly why I put it there since I don't use it). In the bottom left shot you see the drop notch. The way I shoot that needs to be in front of the clamp so I can angle down for verticals. I use an L-bracket so I don't need it on the side. Unlock the pan knob though and you can put that notch wherever you want.
It's not going to be the head for everyone, but I want very simple controls and not a lot of them. The one dial gives me my friction control AND locking. I'm going to replace the panning knob with a setscrew so I don't have it sticking out at all since it's not something I use. But for what I want I like it a lot. It's basically the same weight at my GV2 as well which is nice (for the holding power especially). The only disadvantage of this -vs- the GV2 is the GV2's open design is really nice around salt water and sand, so I'll have to see how this goes that way.