Completely disagree: I have got a record >60 wins for 2 losses with this. If there is an opponent I do not fear with 4-5-1V, it's definitely 4-4-2 classic
Yes, I never lose to 4-4-2 C teams with 4-5-1V, even better teams. I play attack, mixed pass, flank, whole or own pitch depend on your opponents.
I don't think 3-1-4-2 is good again 4-4-2, 3DCs an 1 DMC is no enough for his 2 STs, ML and MR (with red arrow).