I'm 26.
My quick impressions of the PM-1 have been that the bass feels weighty, controlled, and well-extended. The texture and detail is fantastic on the PM-1 for the bass. The mids are slightly forward with a warm and full natural sound. Listening to Portishead's Glory Box the vocals are incredibly satisfying. Hell, the entire song is perfect for the genre. Highs are nicely controlled in my brief listenings to horns and such. I fired up Steely Dan's Aja album for my first listen and I found nothing glaringly out of balance, even with the bassier velour pads.
The background is what really impresses me. Many people called the T50RP background black and I didn't understand what that meant. The PM-1 has the same clean, black background. Instruments feel suspended in the air rather than grounded to one position. Each expanding without running into the next. Good width, though the soundstage seems more on par with the Ad2000 than the Ad900 in width. Depth wise the feeling is that the instruments linger off into the background slowly fading away, when appropriate. I wouldn't call these slow headphones, they simply highlight the lingering decay of a concert.
Edit: LCD Soundsystem's Time to Get Away is on now. Boy those drums sound like they're in the room with me on the intro. Incredibly crisp, clean and natural. The PM-1 carry the energy nicely with a very clean and separated sound. It's not as engaging as the Ad2000, to my memory, but I don't think any headphone ever will be to me.