It all depends on what type of collector you are. you are either the buy and wear or the buy, mod to the max then wear type.
The modding potential of PAMs are endless and thus my sugeestion is buy what you like.
Now to your questions
Now, following that same logic, would you agree that a Pam 111 should be an in-production, AND not a limited edition model that's easier to rep as close to gen out of the box?
Yes the 111 is still in production. Should be easy to rep but the factories in CN can't be bothered to get it right.
Or maybe there are some other models ( I just can't believe how many Pam models there are over the years ) that are similar AND is known to have excellent out of box reps?
The PAM Ferrari Chrono 008 is the most accurate out of the box. Almost perfect. IMHO
Maybe a Pam 111 from DavidSen with the old rep case if he still has them is the best one to get?
I am not the authority here on PAM reps but I only buy parts from Davidsen. Not whole watches.
Now you just need one more reply.
Cheers mate
siesta181