I have a Galco for my officer. It is either the "stealth" or the "Deep cover" I can't tell the difference from the website and they both look like mine. It has worked fine so far. I've heard so much about the VM2, that I'll be getting one as soon as it's made and shipped. I'll be able to compare then.
The Galco I have is designed to have a shirt tucked into it. The reason for ordering the VM2, is the only thing I can see improved for my use is the thickness of the whole holster. The Galco's J hook is right on top of the holster. Adding the additional material so that it is tuckable, it makes it a bit thick. I'm hoping the VM2 with the spread out belt hooks will be a bit thinner as a total package.