I've been wanting to try NFG/Loophole wheels for a while and finally bought a pair of the square shape Jameel 54mm wheels.
I get this in no way has an impact on how well they skate but I can't bring myself to skate brand new wheels with bubble chunks missing on the side. I'm overly neurotic but this is unacceptable quality control as far as I'm concerned. Super bummed.
Most are like that, but it's actually a good thing because it's indicative of them actually using good pure urethane and not a bunch of fillers. I used to know an old speed skater dude and he told me they would specifically seek out wheels with bubbles for that reason. Urethane is notoriously difficult to work with and bubbling still happens sometimes even with high end injection/degassing equipment. These things are hand poured/trimmed, so it's pretty much an inevitability.
I personally don't see it as a quality control issue because it doesn't actually affect the performance. It's basically a cosmetic thing, sort of like yellowing. I like my wheels looking like they've been in a fight haha.
If bubbles, yellowing, or the graphics sliding off with a light breeze bothers you then yeah NFG/loophole is probably not going to be your cup of tea. I bet if you pop em up in the classifieds section someone will buy them off you.