This Timex embodies everything I have come to expect...it definitely takes a lickin' and keeps on tickin'.

I use this watch on a daily basis.  As an HVAC technician, it gets to work in the hot florida humidity.  Crawling through attics and crawlspaces, reaching into air handlers and condensers, getting dunked into puddles of questionable water, even getting brushed by my oxyacetylene torches (once)...this thing keeps great time.  The case is durable..it has some dings and scrapes, but it still looks good (I think it adds character)

As far as water resistance, I swim in pools and at the beach with this thing almost every weekend.  Ive done so for about two months and there is yet to be any condensation or any other signs of water intrusion.

The leather band is amazingly durable for being leather...typically leather bands rot and stink after being soaked a few times, but this one is still flexible and soft.  The ends of the stitching started to fray on me, but I just removed them all together (they are only cosmetic, the band holds together fine without them)

One point of dissatisfaction that some may find is that although the indiglo feature is great, it tends to get activated inadvertently if you bend your wrist back and exert even the smallest amount of force on the crown.  However, I've overcome this by wearing the watch slightly higher than normal.

Overall, its a great watch, tough, and cheap enough so when you break it, you won't feel bad.