Got my Pilot PENKO F today from across the Pacific bought at eBay (you can see a picture there). Gold metal (just color or real gold?) ends, ring, clip and nib. Body advertised as black but looks dark green to me, but then I'm partly color-blind.
Couldn't wait to fill it with Noodler's Polar Blue. Very creepy, over the nib, etc. Speaking of nib, it's scratchy and very flexible, can go from very, very fine (and light) to somewhat bold depending on pressure. Will need to do the paper-bag nib smoothing thing.
The pen is small enough to fit in my wallet notebook. Not as small as advertised, but small enough. (An aside: The internals of a VP, using a cartridge with its metal cover, could make a great tiny pocket pen if only someone built a cap to fit the nib section. Just a thought.)
The converter is removable and is the transparent bladder type. Hoping to find a cartridge before the bladder dies (any help out there?).