I guess I'm the only person here with actual Mydentity experience. Attached is a photo of my 13/15/18/26 set in blue ripple pearl, with chrome hardware. Just got them a couple weeks ago. Overall, I'd say they're great drums. They sound great, even with the stock heads. They tuned up easily as well. The shells are nice. Great edges, nice smooth seam on the inner ply, look very well made. The hardware is nice as well, seems durable enough, tom brackets are solid and grippy. I like the rack tom mounts, as they're nice and compact, not nearly as cumbersome as RIMS-type mounts. The finish on the lugs isn't great; they look like they weren't polished very well after being cast, before being plated. But that's not terribly noticable except when holding a drum in hand. The powdercoated hardware I saw at a dealer looked great, though I'll agree that the colors of the hardware don't necessarily look good on a lot of the wraps.
Overall, I'm quite happy. I got the drums I wanted in the sizes I wanted. Meridians weren't even on my radar... component drums are expensive, and not nearly as many options.
The Mydentity shells are great, the drums sound great, I don't really feel like I'd be happier with any other drums.