Just bought this at a bargain price, and like the other Seiko 5's I've bought, I am truly impressed what a great value this timepiece represents.

While the bracelet could be a little sleeker (and quieter), the solid construction tells me this is a sturdy tool that will last a long time.  The solid steel case and bracelet, while not polished to exactly Swiss grade (remember this watch only costs around $100) are well executed and attractive. The assembly quality is flawless with no material or assembly defects that I can see even with a 4x loupe.

As for aesthetics, I really like the deep blue dial (almost black) and 'pepsi' colored bezel. The lume, like most Seikos, is bright and long lasting. I think the watch is actually the perfect modern size- manly without being hideously large.

Automatic movements, particularly Seikos, aren't known for being awesome timekeepers, but this one (so far) has proven to be the exception.  It is running about +3 a day which is fantastic for ANY mechanical watch at ANY price.

Don't worry too much the water resistance though, even though this doesn't have a screw down crown, it does have gaskets and seals in all the right places to actually be water tight at the advertised 100 meters. It is perfectly suited for snorkeling, swimming and many other water sports. My other Seiko 5's (with 100m WR) have gone water skiing, boating and as deep as 30-40 feet under water with no issues.  I'll update the review if this one turns out different.

However, if you dive this is not your watch; rather you should get a Seiko SKX.  This timepiece is not an ISO certified diver, you would be taking a foolish chance by actually using it as your primary (or even secondary) dive timer. While I honestly feel it would hold up, but I am not likely to dive to 333 feet any time soon to find out.

If I were to suggest improvements, I would like to have the newer 4R35 that hand winds and hacks, but the 7S26/36 series of movements really doen't need it. The watch will usually start running the moment you pick it up.  Give it 30 shakes (swirl like a wine glass actually), set it and put it on for the day, it will be fully wound by the end of the day, and keeping it's best time.

Also I would like the winding crown to be a bit larger and easier grasp for my monster sized fingers.

Now I just have to get the black one (SNZH17)... let's go Amazon, make me a deal I can't refuse!  :-)