Im not a Rolex fan at all. To most people it's known for being repped and sold in every corner of this planet. And that really bugs me. I know that when I own a Rolex, people are going to say that it's a fake, regardless the fact whether it's the real deal or a rep.
That being said, I know I will end up with a submariner in my collection anyways. I love the looks of it. I cannot argue with you Rolex lovers. That's why I'm in the same dilemma as the original poster. Thus I will be patiently waiting for either the Noob v2 or when TC comes up with a gen-spec LN insert. The only decision I have to make then is Ceramic (Noob) or not-Ceramic (TC).
As for the movement, if deciding to go for Ceramic (Noob), I'll probably go mid-range for not having total crap or top shelf...