It just looks awkward to me, and I think many others feel the same way. That's why you don't see anyone here posting owner pictures of any of the equation of time Panerai's.
And yes, it would be more fitting if Panerai introduced a new case (and possibly even a new dial design) to house more complicated pieces such as an Equation of Time. Bring out something new more along the lines of a more dressy Radiomir case rather than a Luminor case. That way Panerai can expand into the higher complications such as annual and perpetual calendars and give their existing tourbillons & EoT are more suitable case.
Cheers,
Anthony