Note 24/09/11: this originally the best diver under $50 but in view of the limited options available I'm broadening it to include all styles of watch.
The threads for higher price bands will still be limited to particular styles
There seemed to be broad consensus in this thread: Newbie guide to best affordable watches - anyone interested in contributing?
That pulling together a list of the best watches of various types and at various price points would be an interesting and useful exercise.
To put that to the test here is the first of the "Best of Affordables" project's proper threads. A chance for everyone to put forward their suggestions (with pics please, we like pics) for the best dive watches under 50 US bucks.
No real rules, other than that the watches you post must be available new for less than $50.
At some point (likely when the conversation has dried up), I'll propose a top 20 and then add that as a poll for everyone to vote on.
Go to it, gentleman!