I went with the 111. I bought an F series to get the PaneraiPaneraiPanerai decoration. I think that's a must if you get the 111. The manual wind has never bothered me, but I don't wear my watch daily, but in a rotation with a few others. Personally, I like the 111 much better than the 104, but lately i've been digging the base models for thier simplicity. If you need the date function go ahead with 104, but otherwise I'd go with the 111.