I got a gift Amazon certificate for $50, and I didn't think I'd find much in watches for it but I was surprised.  This is a very nice watch for $57.  Arrived early, came in a very nice box.  And the time and date were set.  I like the canvas band, it's very thick and looks to last quite some time.  And it is very comfortable.  The watch itself appears to be very well made. The fit and finish is perfect!

My ONLY gripe is it isn't luminous, can't check the time at night.  Other than that I'm totally happy.  One note; it has a MSRP price tag attached for $495, it's not a watch worth that, but it's up in the $150-175 range in quality.

UPDATE November 2013.  Battery finally gave out.