^ I'm curious about this as well.Thanks for the responses!
Okay I am going to admit my ignorance here, can anyone explain what the difference between a breast welt vs 360 welt.
I vote for the AE on this one. The square-ish toe that others have mentioned makes the Alden a touch less elegant to me. I know that Alden are generally regarded as being a slightly sturdier shoe by forumites, and that is an asset for work-a-day shoes, but AE are also tremendously well made and will certainly last forever given the light wear that a formal shoe will receive.