I have had two Seiko 5 watches, and I liked them, especially for their status as a nice budget watch. They are lightweight yet relatively sturdy, and they look pretty good, but not great. They are perfect watches for students or people coming out of school who want an acceptably serious-looking watch for their everyday activities, that they don't have to worry about scuffing up.

The biggest downside of the Seiko 5 in my experience is accuracy. I had one that was off by a couple of minutes a day. And it was running slow, not fast, so I had to adjust it frequently and was constantly worried about being late. It got to where I'd set it five minutes fast and hope that I remembered to adjust it before it went behind again. I think that watch may have been the exception rather than the rule, as my other Seiko 5 was reasonably accurate. I had to adjust it every week or so. I took the inaccurate one in to a jeweler's for adjustment, and he said he could adjust it, but it wouldn't do much good in the long term, it would just get out of sync again.

Still, Seiko 5s were my primary watch for a good few years. It is a reliable basic automatic watch and has decent enough water resistance. A good choice for a budget automatic.