I haven't owned either but have tried on both and actually found the 15202 to wear a bit larger on my wrist. The cases are the same but I think something about the thinness of the 15202 makes it feel larger--the bracelet is quite thin which makes it feel like it flares out a bit more with a small wrist (like mine is). For reference, I often wear a subC and/or a gmtC and for a royal oak my choice for my wrist is a 15450.
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