Picked this up about 5 months ago, but since I had read some negative reviews I wanted to give it some time before chiming in with my two cents.  I'm happy to say that the watch has performed flawlessly.  I have made no effort to protect it and have used it in water while swimming, showering, playing with the kids at the water park, etc - all with no moisture problems.  Has kept good time & served me well so far...
The watch looks great (mine has the orange face) and strikes a nice balance between sporty casual and classy.  Wouldn't be my go-to watch when I'm wearing a suit, but it can pull off just about anything else.  It's not over-the-top big like some hipster watches but it is beefy - I'd describe it as masculine.  It has a rotating bezel for keeping track of elapsed time, has a date function, and features Timex's Indiglo backlight.  Some have complained about the backlight getting turned on accidentally when the wearer's wrist is bent back, and that has happened to me once or twice, but it turns off the moment the wrist pressure is removed so I don't see the big deal.  My favorite feature is the band: the little collar that secures the extra part of the band once it's latched has a small notch in it that fits over a small nub on the end of the band.  It keeps the collar secure in one spot and the end of the band never comes loose.  With most of my other watches I periodically have to push the band holder back into place throughout the day, but this one has a clever design that eliminates that issue.
Overall I'm very happy with this watch.  Given the price I paid (about $28), I feel like I got my money's worth and then some: good looking, works well, good design = thumbs up!