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This is a latest V3 version. Most dealers have that model, although they come with different rotors (based on what factory has in stock). So pay attention to you QC pics. I had to ask for that specific rotor, shown in pics below. Here are my thought after wearing it for past three weeks. I'm going to be honest as far as the quality and what I think. First, It really looks amazing. I did wear it at an AD and compared to the Gen. The blue face is super cool, the way it changes color is really nice and cannot be really captured with photos, it is really, really close to the gen. The movement looks nice, engraved logo is nicer then sticker one. It's too small but honestly I don't care about that, the movement is so far of from Gen, it does not really matter. That said, this rotor is the nicest one, so make sure you ask for it. The rotor is a bit too noisy for my taste - it sounds "asian", but it's ok and stopped bugging me after a week. Overall quality is nice except the bracelet which is not that great, feels cheap and the clasp sucks. Had to adjust it myself to work better. The only good think about the clasp is that it does stay locked tight really well, no way it will open by accident. Also had to remove some links for my smaller wrist. It was a major pain since the screws don't fit well at all, I ended up breaking one without even trying hard. They did really half-as job with bracelet screws, really cheap soft metal. They are using really cheap crappy metals here, bracelet, screws, clasp, crown, tube are really crap. But the body of the watch, blue dial, hands are really, really nice. So it's quite weird that some things are super well made and some are just plain horrible. I still cannot get over the fact how nice the blue dial is, they did AMAZING job with it. The crown and the crown tube is not made well, I do not expect it to last for a very long time, so I would try not to unscrew it more then once a month to adjust time or date. Since I rotate few watches I'm hoping for it to last for few years. Definitely not nearly as well made or using materials as good as IWC Ingy rep from 2006/2007. I wish they just made it with a standard non-screw down crown and be inaccurate to the gen in that regards. Overall I like it a lot, it looks super nice and it's very comfy to wear, and believe me... you will not be able to stare away from that color changing dial :-) By the way, switching from 40mm Nautilus back to 44mm is not a big deal. So my summary is that despite the fact it is a really nice rep, the quality of many components are far behind Noob and H. It's still ok and I'm sure the first thing that will die will be the crown tube, my goal is to keep it alive for 5-6 years if I rotate this with other watches, hopefully I can pull it off. I decided to oil it and just be super, super careful while screwing the crown down. Here are some photos.