I've had this watch about 6 months now.  I still love it.  Now to address some of the reviews I've read here.

Watch Band:
After 6 months, I have noticed a small area where the paint has worn off a little, it's hardly even noticeable unless you get the light just right on it.  I've only lost paint on the clasp around the edges where it rubs on stuff.  Also, the spot where it has rubbed off the band is where it rests on the desk when I type on the computer.

Clasp:
I am a full time police officer and part time firefighter/EMT.  With all of my daily activity, I have NEVER had my watch fall off.  Once in a great while the outer clasp may unlatch, but the second clasp has never come undone.  BIG NOTE here, when I first bought the watch, I was trying to adjust the clasp to fit my wrist.  I accidentally put the clasp on backwards and didn't realize it at first since I wasn't use to it yet.  The watch would clasp, but would come undone very easy because the secondary clasp wasn't actually latching properly, actually not at all.  There is also a small thin piece of metal that needs to be properly placed on the band or else it won't cinch down on the band either.  So yes, the initial familiarization with the clasp can cause problems, once you figure it out, it is very secure.  Most comfortable metal watch band I have ever wore.

Watch Face:
I have struck my watch several times on rough surfaces. I have two tiny tiny scratches on the quartz, and one small scratch on the casing paint.

I love this watch. And unless something goes wrong in the near future, I'll likely buy a Skagen again the next time.  I really like the look, how thin they are, and they are by far the most comfortable watch I've ever had.  And so to all those reviewers that complain about the clasp, I think it's user error.  Read the book it comes with very carefully, and you should be fine.

****UPDATE 03-06-13****
I've owned this watch nearly two years now.  The quartz did end up cracking a few months ago, however it remained water tight.  It continues to spread though.  The clasp is still rock solid, to this day it stays very secure and never comes undone.  There was a bit more fading with the band in high wear areas, but still only noticeable upon close inspection in the right light.  The paint on the face has held up very well too, still only a few micro scratches.  The mesh band does tend to stretch a little over time, but very little.  Overall I'm still very happy with this watch, despite the quartz cracking.  I plan to replace it with another Skagen when the face stops being water proof.  Lets hope the newer versions have better quartz.