Seiko 5 watches are some of the most under-appreciated automatics on the market today. This is a great looking watch, with strong resemblance to Blancpain's Fifty Fathoms classic diver. The watch is large, but not overwhelming on my 6.5 inch wrist.
Note, this watch is automatic but does not hand wind - meaning you cant turn the crown to charge it, so you'll need to wave\shake it to get the initial charge going. Also, it's not hacking, so a second hand will not stop when you are setting the watch. This is not an issue as you can turn the crown counter-clockwise to synch the time. So far after a month of break-in, it's running about 6-7 seconds fast a day, which is excellent performance for non-chronometer mechanical watch.
Watch has 100M of water-resistance, but I'm not sure if I plan to swim with it as the crown is not a screw-in and 100m is not enough for my comfort. This is more of an everyday casual watch than a true diver.
The bracelet is decent, but after trying it on, I felt it was a little light for a watch of this size, so I ended up getting a sailcloth strap with gold accents and it looks great on it.
Overall an excellent value, especially at $130 that I paid. (it's not easy to find it at that price, and amazon partner prices do fluctuate quite a bit)