True. The reverse V is poo. But what's wrong with a regular V? Besides looking silly, they're pretty easy to play.
I personally like a V. Standing up they can be as comfortable as anything and have great upper fret acess. Not real good for sitting down, although one can adapt quickly.
When they came out though, they were a bit too radical and space age for most. Only about 200 were shipped in 58 and 59. So that model at the time turned out to be a flop.