I had not considered that the Toledo has had a long and interesting history. There have been a number of iterations of this watch, almost as if it were a product line unto itself, not quite the way the 1972 evolved, but certainly more of a history than most of the other Historiques models, except for the Chronometre Royal.
Speaking of which, I wish VC would come out with a new CR at a price attainable for many more collectors and outside of the Historiques range, in other words a non-limited model for the precision enthusiasts. Can you tell the CR is much on my mind lately?
Back to the 1951. I love the dimensions of the new 1951 -- that is it is now thinner than the original. The curves of the case are absolutely lovely. But what got me the most from your post is that final shot of the open case revealing the caliber 2460 SC. I simply love that movement. It is nice to see how VC is placing its calibers in the cases these days since the Geneva Seal changes went into effect. Oh, and returning to my CR theme, we know that this movement can be revised into a chronometer-certified caliber. ;-) Just sayin'.
So, Bill, does the Toledo 1951 displace the American 1921 on your wish list?
Best,
respo