The last three POY I bought were smooth, bled stain and revealed defects that were not visible before smoking. The only one I have which did not bleed has no defects.
It's hard not to come to this conclusion, however much I don't want to.
Yeah, I hear ya. I bought over 80 Peterson over the last 10 years.
The stain bleeding issue is fairly recent. As for the defects, that's not recent at all. When I pointed this out on Peterson PIpe Notes, a POY 2021 Heritage with a price tag of $225 to have bleeding stain and fills, Mark Irwin told me it's not part of Peterson's ethos to avoid the fills, in other words as you say, it's 'normal' practice for the brand. However he did say the bleeding was not normal, which it isn't, of course.
Yet it stands to reason, as Russ Ouellette wrote once in an article for this forum, than any defects such as fills on a pipe exceeding $100 - 125 should not be. I agree with this.
Fills on a $240 is, simply put, disappointing.
These stain bleeding issues should not be happening. I know of no other companies that have this issue.
Yes, I know, it's all a work in progress. They sorted out a lot of issues at Peterson over the last few years for sure.
I sure hope Peterson will be able to resolve these issue in the near future.