I was just looking at some pics and noticed the P4 does not have the rounded, bulbous headtube like the P3. The P4 actually looks more like a traditional headtube front. I am not an engineer type, but the rounded P3 just looks like it would cause less drag.
Does anyone know if it is just a function of the overall frame design, or will the bulbous front end of the P3 become obsolete over time?