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I got the Newage SG Optimus Prime and I gotta say the double chest doesn't bother me that much, he feels and looks great. If he feels this good I can only imagine how good the Magic Square Optimus is since everyone says he's flat out superior in everything. I'm actually temped into getting him now and not wait for a future version since the more simple color scheme (or no color in certain parts) has been growing on me and he comes with lots of accessories.
I feel that if a painted version comes it will either not have all those accessories or it will crank up the price even more which is already pretty high. Or instead it will come with metallic paint instead of white in the legs and I prefer the white.