For me, the Penfolds one does symbolise the RED V. The modern one in a similar way. The only ingredients our Jersey should have is a proper RED V. Everything else is icing. I have enjoyed the heritage jerseys over the last couple of years as well, because they symbolise our history.
Al these alternate jerseys without our RED V are not Dragons jerseys, frankly I cant stand them. I have 3 of the old Penfolds (one with signatures from the 93), One of the type similar to the hand sown ones (also without the emblem), and a collection of the current versions over the last few years were I see the RED V prominent and in its rightful position.
Yes, I may be a little old fashioned like others, but we should never run out without the RED V. That's who we are.