I have to agree in full with the above. I own a near-mint Linhof Technika IV and a Graflex Pacemaker Speed workhorse, which originally belonged to the US Army so was really overused (and it shows). Despite of that, the Linhof bellows do show signs of wear and, although there are no pinholes, some corners are smudged and there is some white flake coming off from below. The Graflex synthetic bellows instead look like they just went out from factory.
Summarising it, while the Linhof is technically superior to the Graflex under almost every aspect, I still wish it had the synthetic bellows of the Graflex.