The 127 is a watch I like a lot, and one of those I regret having sold, but the 372 has 2 good things, versus rthe 127:
It doesn't have these green almond luminova indexes.
It doesn't have the " 1950 " writing " that always disturbed me.
Aaah, it doesn't have a small seconds, which gives it a stronger and purer look.
As you noticed, I didn't pseak about the movement, because I still believe this is not the most important part in a Panerai watch.
Well, the 127 was / still is a great watch, the 372 is a step above, IMO.
Best,
Nicolas