I have had both on my VL.
The woodgrain looked awesome, but when it was hot, my hands got sweaty and kept slipping off the steering wheel.
Now I have a leather Momo steering wheel and that's much better.
I would go back to woodgrain however.
I know the Momo steering wheel looks a bit wacky in the pic, but in person it looks much better and I've gone for a silver and black theme in my interior.