Hi, I'd see a similar differnce (is that a thing?) as the difference between Gibson F4 and F5 mandolins.
The F hole version is all about mid tone percussive projection. That's best for rhythm guitar in a dance band setting or X-5 style style mando in bluegrass.
The round hole is less projecting but a slightly (and it isn't enormously profound) "rounder" fuller sound.
This is a MASSIVE generalisation, but that is what I've perceived. I have three f hole archtops all very different :
but I still missed the '20s L-3 that I had to let go to pay my first mortgage (like this one):
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Silly Moustache,
Just an old Limey acoustic guitarist, Dobrolist, mandolier and singer.
I'm here to try to help and advise and I offer one to one lessons/meetings/mentoring via Zoom!
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