I've held on to my old Vapor Trail, just to have for friends or if I really need to carry more weight. This looks a lot like the VT with a really-overbuilt lid. However, that lid looks to be removable. Take that off and trim some of the excess webbing around the pack and you should wind up with a classic close-to-UL hauler. The VT's belt and frame sheet were excellent, so maybe this is the same.
Three issues with the VT/Granite Gear: (1) too much fabric on top to roll down, (2) no front mesh/stretch pocket (if that's something you like) and (3) seems like some people are between the sizes offered.