Marc - You make some good points about France's quality of life. This is especially true with their health system. However, the other side of the coin is that while the individual is well-cared for by the state, the state is a shambles, socially. Have you been following the goings-on within the Muslim community there? It is a virtual powder keg, just waiting to go off. And when it does, it will be interesting to see how the average French citizen's quality of life fares. Also, whenever France is attacked (think WWI & WWI), they either surrender or get overrun. Why? Because France has chosen to favor social programs over defense. I am not necessarily criticizing that, but it is important to note that the US, which (at least up until now) has always chosen, instead, to maintain a strong defense, always bails France (& other countries that choose not to adequately defend themselves) out. Again, this is not so much a criticism as it is an observation. The point is that every choice comes with a consequence.
I think this kind of leads back to Rolex's decision not to incorporate features like a date & auto-wind into their early Daytona models. While these complications would have been useful, I think they chose to put their efforts, as usual, into those improvements that resulted in more accurate time-keeping & greater longevity. And, 40+ years later, it is the Daytona that commands serious prices, not its (dated & auto-wind) competitors.