I think it's very beautiful. However, it is yet to have its validity as a new species proven. The population from where it is found is only 100km from L. koehresii, the next smallest species, so it may just be a new variety.
Another strange thing about it is that is usually only has five ribs and no wool, the common appearance of immature Lophophora species.
There are defintiely difference to be found, but whether they merit the status of it being a sperate species or not is yet to be seen.