This is my third Grand Diver - I also have the blue one and the yellow with the black bezel.  I wanted the black for a bit more traditional look at work.
I love these watches - classic looks, the Seiko NH35A movement works flawlessly - wind-able and hackable.  The band has solid end links, and the watch has a screw-down crown.  These watches are an amazing value, and they look fantastic.

The only negative I have found is that the bezel piece with the numbers is thin and can dent.  I believe they can be replaced.  For the price of the watch, though, I'll just buy a new watch for work, and slap a NATO band on the one that has "character".

I do have large wrists - so the watch, while substantial in size, is not "too big".