After years of buying crappy Timex watches at Kohls, I decided to splurge on a Seiko 6 years ago and I have never looked back.  When that one finally tanked, I wanted another Seiko for sure, but was intrigued with the lightness and durability of titanium. So after reading the other reviews, and deciding that I didn't need a chronograph or alarm, I settled on this one.  I've been wearing it for several days 24/7 (I even sleep with it) and I'm delighted with my purchase.

First, the titanium case and band are amazing; the watch is so light, you'd think it was made of cheap aluminum or something.  Completely catches you off-guard if you are used to the the heft of stainless cases and bands.

Second, the watch is simple in look and function, which I like; a previous reviewer here who complained that he couldn't get the watch to keep the right day/date probably didn't realize the watch operates on two 12-hour cycles.  So, for example, I received the watch at 11:00 AM and set the date and time.  By 12:30, the date had changed.  Clearly the watch 'thought' it was midnight, so I reset the date again, and that's all it took.

Third, the "Z" band that comes with this watch does not require the universal watch band link removal tool that is often offered on Amazon to those of us perusing watches here.  The links were easy to remove and add with a small screwdriver or punch, and the clasp has additional incremental settings that allow fine tuning to your heart's content.  I will caution, however, that any one with a desk job and a computer may find the "Z" band clasp will dig into your skin if your wrist lays flat on the table for long periods.  Was a bother initially, but over the last few days it is no longer noticeable.  If you're particularly sensitive to this kind of thing, you may want to consider something without a "Z" band.

Finally, I haven't fount the watch to catch on any items of clothing as others have mentioned.  Maybe it's because I'm mostly wearing t-shirts and shorts, but it hasn't been an issue for me yet.

All in all, a good purchase so far.  Will update here if something goes wrong.

Update September 2014
I still like this watch, but I should mention that the wristband 'pins' bent/broke after about 18 months.  Not sure if it was something I did (I can be kind of rough on my watches), but I bought a couple of replacement pins on Amazon, and the thing was as good as new.  Haven't had to change the battery even, but more importantly, the mechanism seems to withstand everything I throw at it.  Biking, running, in the workshop, in the shower, on the water, in the surf...it just keeps on working, with no maintenance or water damage to the case yet.  Mineral face is surprisingly robust, with only minor scratches over two years.  Bought this for about $130 two years ago, so that's about $5/month for a robust titanium watch.  Would buy one again.