I'm a huge fan of the PB pedals. I've been using the signature model for some time and for me, it's the ultimate pedal.
However, i never felt totally comfortable with the folding mechanism and wasn't confident that in the future it would remain solid.
I saw this new version at a drum show recently and i had to have one, so i sold my signature model and bought one.
It feels exactly the same, plays exactly the same but has the added bonus that it doesn't fold, which i think makes it a better option.
It still comes with a bag aswel, although nowhere near the quality of the signature model, understandably as it is cheaper but still, you get one.
It's just an incredible pedal, get one!