Summary: After spending some time speaking to Val, the owner of V-MODA, in Tokyo, he send me a pair of these to evaluate and give feedback on. I reckon if Apple made headphones, they'd turn out something like these. The attention to detail in the design is fantastic.
Pros: Outstanding build quality and accessories. Fairly balanced frequency response and good sound quality which improves with basic amping.
Cons: The lack of the usual treble peak makes the sound a bit dull for some.
Summary: After reading the favorable innerfidelity.com review, I bought these directly from V-MODA via their Private-Sale link. I requested an audio only cable instead of the microphone cable, but my request was ignored.
Pros: Well built, good balanced sound but not exceptional, heavily discounted
Cons: Lacks proper high frequency response and detail, smallish earpads, a bit too small