OPI's Russian Navy has a loyal following. I have not used the regular version, so I can only speak on its matte counterpart, which I adore. It contains no shimmer.
Like most matte polishes, this one dries lightning fast. You have to work quickly and with serious control otherwise any mistakes will be visible. I only used two coats and had no streaks or sheer spots. The color is a beautiful flat blue, a true navy. In some light it looks almost black with a blue sheen.
I love matte polishes, I think they are incredibly chic. Some people miss the glossy shine, not me. The only complaint I have about this polish is the shorter wear time. OPI hangs a tag on each of its matte polishes stating its shorter wear time, but due to the fact this dries super-fast, touch ups are a breeze. And if you really miss the shiny look you can layer with another polish.