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As far as I know the Fed IV is a Hats Direct/The Hattery exclusive, so that settles that....How about vendors?...
I have two of each (all standard/Imperial Quality felt) and I like 'em all. The quality of the construction is consistent, as is the felt (though one of my Campdrafts apparently had a lot more stiffener applied). In my experience the expected "shrink to fit" of the sweatband was consistent as well, but both of my Campdrafts were about half-a-size more snug out of the box than the Fed IVs even though they're all size 60, so by the time they had finished "snugging down" they were a little tight for my tastes; a few hours on a hat jack solved that, and now all four hats are very comfortable. Other than that, it depends on which style you prefer; in my opinion you can't go wrong either way....Does anyone have Campdraft and Fed 4? Comparison comments?
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