Well, 2 things... the OP is looking for something small... so why even bring up the fullsize Mark V or JP2C?
Secondly, I've heard many people claim who've played both the Mark V:25 and the Mark V, that they liked the V:25's Crunch mode a tad better.
Talking about fair; a comparison between a 90W 6L6 amp and a 25W EL84 amp ain't that fair either, huh?
As someone who gigs with an EVH 50W and has the V:25 at home, the V:25 is the most complete, lunchbox amp with the best cleans in town. Fact.
Whether it's gigworthy, is up to you.
Personally I'd miss the beef that big iron+big glass brings live, and a footswitchable fx-loop. Ideally even a 3rd channel (Clean/Crunch/Xtreme...40ish watts, 2xEL34

)
Oh, and Segeborn's 2525 video definitely brings it!