None of the balconies on the Conquest class have obstructed balconies. The lifeboats are on Deck 4 and the first balcony cabins are on Deck 6. The deck 6 cabins might have the a good view of the mechanics and tops of the lifeboats, but they are not obstructed.
I had a Verandah deck cabin and the view was wonderful....I also had a Panorama (Deck 10) on Triumph (same size as Victory) and it was great!!!!!
2007 Victory & Triumph
2008 Conquest & Liberty
2009 Valor, Freedom, and Splendor
2010 Glory and Liberty