Mark,
It is an outstandingly beautiful guitar on so many levels including the fret board inlay, your color choices, the headstock design etc. As far as understated bling, I kind of think the way the abalone jumps off the dark sides and back, the rosette, etc. I can't say understated, I think this is real bling. That does not mean it is too much on this guitar because it really really works, but I can't go with understated, I just have to call it bling. I hope that is OK with you.
Tom