Reliable watch has withstood three deployments, among other things, and still works great.  Date, alarm, indiglo, stopwatch, and dual time zone features have been very useful.  Plastic parts aren't colored all the way through and are wearing off on some edges, but that's absolutely acceptable given the wear I've put on it.  The face is still clear with no major scratches despite my scraping it against everything.  I don't think you can beat the durability and functionality of this watch for the price.
2012 update-- I'm still wearing this watch regularly during workouts and rowing sessions on the water, and it's still running on its original battery.  Keeper!
2015 update-- original battery died after 7 years, easily replaced.  Great watch!