Wow, that's a disturbing video. It really is a waste, and I don't quite understand what he's trying to prove. One nice homage destroyed like that isn't going to prove anything. That guy definitely has some issues I would much rather have seen him give it away to some bum on the street than to destroy it like that.
Personally, I don't think there is anything wrong with homages... they are a great way to start especially when testing the waters to see if you like PAMs or not. They're also a great starter watch to practice on manual wind movements. I started out with homages, and have since upgraded to reps and even a gen PAM in my collection. After all these years it seems like it is a natural progression.
Good luck, be sure to show us some pics when you get your homage