I've owned many of both and love both guns. As for quality of construction i'd have to go with the Merkel. Built like a tank and will virtually last forever if taken care of. I've had both single and double trigger Merkels and never had any trouble with either. I agree about the wood not being as pretty on most Merkels but I've had some that were what I call "oh my god" wood. The Parker Repros most commonly used California Claro which isn't as tough as the wood Merkel uses and they weren't as careful with grain layout through the wrist ares where it is so important. Thus you do get some of the Parkers that break in the wrist area. Either gun will last as long as you want it to if taken care of.
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