I have owned my OM for just over a year now and its my daily wear watch.  I like the look and it has great wrist presence.  From a WIS point of view, this watch has an almost legendary status.  It keeps good time and has worked well for me.  I am usually about 3-5sec a day slow but that's certainly acceptable to me.  The fact that this is an automatic movement made completely in house makes this a steal for under $200.  This watch is my first Seiko and my first automatic, but it won't be my last!

If you are on the fence about this watch, BUY IT!  You will love it.