I have a Valoy II and it is a great enlarger, and can often be found for relatively little. I have no problems created by the glass pressing on the neg, and noticed from the beginning how sharp the projected negative is. I have the standard, not the the frosted condenser, and have never had any problem with Newton's rings, or dust projected into the image. I take reasonable care and do not worry about anything being immaculate, and I don't think my standards are that low!
I use my aligned Beseler 45-VXL to make contact sheets and for printing larger negatives. It does a good job with 35, but between the two the Valoy II is really a pleasure to use.