The P3 butt is thicker than Ikon 1, so depending on the thickness of butt you can choose the cue you like.
The Ikon is solid stanless steel joint and P3 has a stainless steel sleeve on phenolic.
Feeling of wrap is almost same on bothe cues.
Also in P3 when you hold the cue on extreme down end of the cue, you can feel the steel on one side not on the other and some tiime steel feels very cold,prompting you to rotate the cue in your hand causing inconistency in my opinion.
These are my personal opinions.