A few notable defects  I noticed were the wrong forearm, the blotted Venom logo, the darker shade of red for the tongue, pale and messy flesh tone, and weird eyes. For the parts, I got 2 right Venom hands (largest). The thing that impresses me is that it's still complete, articulated and still pose-able. I mean, if you're not that iffy about getting a messy Venom, then why not get one? Up to now, I haven't received any confirmation from Diamond Select Toys regarding this figure's quality or origin. They have responded kindly to my recent bootleg sightings and I, as a collector, respect that.

UPDATE:
I recently had a quick conversation with Diamond Select Toys via Facebook regarding this and was told that this is still a production piece. No one can just easily go down and say it's an Overrun and so far, the only bootlegs that they declared are the repainted Mark VI or IM3 figures that you've been seeing locally.

So, the Rhino and Venom that was recently spotted at 168 Mall ARE production pieces -- legit. Also, the paint problems are usual and some wrong parts. Well, THAT really happens anyway. 

Check out my review of this figure: