PLUS: Love the bike, it exceeded my expectations in handling - it is stable but playful. I was worried of what I thought was a long chainstay length, but I would not go back to a shorter one. I am still tempted to try the longer setting to see what it does, but am not interested in the shorter, which I originally had expected to prefer.
MINUS: Since the beginning, I have been chasing creaks. I have resolved some of the creaking, but some always remains there. The cable routing on the V1 is also less than ideal (and had been a source of some of the creaks) - the solution on V2 (or Madonna V3) seems a lot neater.
Overall a great bike that I'd happily recommend, even though mine has been plagued with weird noises.