I returned the Johnston and Murphy's I had just purchased after these arrived and I could compare them side by side.  Actually when they sat on the counter, we all thought the J&M had the edge cosmetically, but once on the feet everybody agreed the Allen Edmounds just looked classier.  I've been working through the break-in period, but really can't say that I've had any issues with comfort during a normal day.  I probably wouldn't wear these to travel until they've seen a lot more miles however.  Overall I'm very pleased.

Update - after six months of wearing these shoes I'm very pleased with the way they've held up and how comfortable they are.  I have pronounced ankle bones which are often an issue, no problem with these.  'd recommend these to anybody looking for a great shoe.

18 month update - these remain my favorite shoes.  They've held up exceptionally well with just occasional polishing.