I think Mighty is more like a Porsche 911, the engine hasn't changed because the engine is almost perfect.
That being said, I think the Mighty vs other vapes is like comparing a Porsche 911 to a Mustang GT500 with a Hennessy Venom supercharger. Which vehicle would you rather have? Both are great vehicles, but I find the Mustang fits more of the price range and you get more for your bang for your buck. 100k+ vs half the price 60kish and the mustang takes gase or doesn't need special ethanol gas.
Again not comparing Porsche 911 to mustang because I was just making the point it's all about preferences and what you are willing to spend and get for your money. Some people are fan Boys to Porsche or Mustangs too so that has some to do with it.
Mighty is a great vape, but for me I have had 1 mighty and it broke 2 times so the original I bought from Storz site is 1, then the replacement broke that's 2 so they gave me a new one then that new one broke so they gave me another one. So I'm on #3 Mighty on 1 order. Talking $300+ for that machine and it's great when works. It was usually a 1 year thing. Every year or other year it would break. I had plastic break by the seems and I twisted it top on and it split the machine...lol. I had it not turn on, I had many issues with it.
The upgrades to me seem not worthy of an upgrade. Like others said the plates ceramic wears off and lightening the plastic is not reassuring. USB C on a Mighty sure great, but it already had a long enough battery and pass through technology not that inused it because the battery length was good enough. So the up tick in recharging is great but you save what 45min to 1 hour?
I'm a IQ2 person, I have had it and I believe it out performs my Mighty that I use my Mighty as a brick or paper weight.
The IQ2 ceramic pod system is the best pod system in the industry, tey them load them up pack it in there an you got your dosing packs that taste so much better than the Mightys capsule system because Mighty uses aluminum where IQ2 uses ceramic and zirconia ceramic for the spacers which are great for normal usage. The price costs less to and the carrying case you buy, is size of the Mighty, so I can store a pick, spacers, materials in the sealed capsule you can buy, concentrates which work great in the pod system where you can mix concentrates and dry. Easy water tool, they both are great vapes.
Comes to preference and technique on how to use them. IQ2 takes technique like how much to load how to use spacers properly and cleaning the IQ2 is so simple as they fixed the anus cavity from the IQ.
I just think for the price the Mighty is just holding onto old technology that works well, but lack ingenuity that they once did.
They are both great vapes and company's, comes to what you like or preferences, taste, convenience, easy to use, and the list goes on.