I wanted lounge but went for punch in my midnight black
MCS.
Two reasons, one I spent the difference on the Harman Kardon upgrade and two although I think they look superb (the lounge) the punch actually felt more comfy.
Agree with the others that say the punch look sportier and the lounge classier - I think "sporty" tipped it for me as I'm coming out af an S Class Merc (living room on wheels) into the Coop and wanted the sports look and feel!