I've used both the tour wrap ribbed and velvet ribbed in the past. I tried the align grips on a friend clubs last week. Here's what i noticed:
The older ribbed style are much more pronounced. If you are older, like me, or have any hand swelling - feel problems, you may not feel the align rib at all. It is very subtle. My friend said he could not feel it in his fingers at all, so it was of no benefit to him at a pretty big surcharge. You definitely need to try the grip installed before you go to the expense of purchase. All the other comments here are valid. Installation may be an issue, for as in the original ribbed version, you or your installer may not get them all aligned at the same face angle. And of course on an adjustable club (if you tinker) you would not want to install any align or ribbed grip.