Had a set, but sold 'em. They came as part of the build kit on a new bike, but since I already have a set of race wheels, I figured I could use the cash instead of yet another wheelset hanging in the garage. I rode 'em a few times before parting with them - here's my impressions. They're very nice wheels - well constructed, super nice carbon layup, tight n' quiet hubs, and ovalized aero spokes. This is a very solid wheel that'll last a while. The biggest difference I noticed between the FP's and the 404 is a slightly higher lateral stiffness in the latter (the 404). Overall, I say they're a great value and if I didn't already have a set of 404's, I'd be racing on them this year. As for the graphics, I saw a newer set at a shop recently and they had the decals as shown in the top photo. Hope that's some help.
Mike
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"The will to win means nothing without the will to prepare" - Juma Ikangaa http://www.litespeed.com