I did have a badly rusted frame on a V1. The replacement is MUCH better. It didn't have any chip on it, but there were some scratches on less visible areas which appeared pale w/r to the rest (dark grey vs black). I've used some Sharpie to cover them, which makes them less visible. Attached is a picture of a scratch covered with Sharpie. I had some initial doubts about this option because of the potential scratches and chips, but I think this is a very good solution. Don't forget the frame is just a "small" part of the machine. FYI, there's a brushed stainless steel chassis available on eBay in Australia if you prefer this look.