What I smelled, I liked. A lot. I picked up some of the beeswax for sure and it worked for me. Very warm. It was a distinguished and manly smell, but didn't seem to have the usual sort of Penhaligons signature. As the Lucky Scent write up states- it is NOT an aquatic. I believe they threw that into their copy because of the "ozonic note" reference that seems to have spooked some people into thinking this is Pens entry into aquatics.
It's got a ton of notes and I know Duchafour is maestro, but that kind of range spooks me sometimes. Based on what I smelled, I'd probably buy it.
Drive by Scent Bar everyday, so when they have it, I'll pop in and give it a better test. Those kinds of "suit and tie" scents are a weakness of mine.