PVC reskin has a different sound, a bit gummy-sounding when new, then it gets a bit brighter, and eventually cracks and dries up. Mine was done by Microtech Geffel in 2005 or so, and by 2015 it had very little bass and showed deformation and some cracking.
Mylar lasts indefinitely, in ideal conditions, but the sound is different. The resonant peak is at a higher frequency, and more pronounced, in my experience. I had the same capsule reskinned twice, once with mylar, then PVC.
If by miracle you find an intact PVC M7 in original condition, it will sound considerably different from when it was new anyway, because PVC invariably becomes harder and thinner with age due to outgassing.