The only thing that shocks me a bit is the engraving on the rehaut honestly. I've just orderd the same model and I'm thinking about that I might made a misstake by choosing the version with the rehaut engraving.
It's not missalligned... well a bit it is ... but more shocking is the fact that the "ROLEX" "ROLEX" font is not on one line. It seems to get higher after each "ROLEX"!
Might be a image angle problem, but really looks like this.