My thoughts on IWB vs OWB. With IWB, the grip has to be covered with something, typically a loose fitting top shirt. If a cover shirt is to be worn, might as well have an OWB rig. And the pancake does stay close to the body, but so much more comfortable, especially in hot, humid weather. Anyhow, here in Texas now that we have open carry and may soon have constitutional carry, it does not matter so much if the shirt tail gaps open and gives someone a peak.
Also, with an OWB pancake, the holster belt slots are five or six inches apart. Depending on the belt loops on your trousers, the holster can easily be slid back and forth between the 3 o'clock and 4 o'clock. 4 o'clock is more natural and comfortable, but in a store for example, I like it in 3 o'clock to reduce printing when I'm reaching for the broccoli.
From a fashion standpoint, in my opinion a pancake holster is ugly. Given my druthers, I would rather have something like an Askins Avenger
named for Colonel Charles Askins, Jr., a gunfighting legend
. The same 15 degree FBI cant is available and it is almost as stable because of the second trailing belt slot. Versions of the design are crafted by most major holster manufacturers, however it will not ride as close to the body as a pancake and the short distance between holster belt slots limits choice of position and may require skipping a trouser belt loop. It is, however, easier to reholster because it tends to stand open due to the lack of belt tension compared to a pancake.
In holsters, as in life, there are many compromises.
That is why most of us have a cardboard box full of holsters.
Lately, I've been carrying a lot, not because it's a dangerous neighborhood.
Far from it. It is just that I want to enjoy this right while we still have it.
Good luck my friends.