The 45/20 (45mm case, 20mm lug space) ETA movement Planet Ocean isn't a good watch. I've been critical of it in the past and don't really understand where the impression is coming from that it is worthy.
The case and caseback used are the same as that of the first (and so far only) generation 45mm Asian mvoement PO rep. The dial quality is inferior to the Asian rep. The strap is of course incorrect.
The fact that it sells for almost twice the price as the Asian has always made the ETA one a poor value choice IMHO.
The 45/22 is an improvement in many ways (it comes with the better 22mm strap you describe, it is thicker - probably too thick as it uses the caseback of the 7750 chrono PO) but suffers from having the short hands of the 42mm rep.