I received a Maratac Elite composite band for the purposes of experimentation.
It looks better in person. Overall, I think this actually works pretty well. It would look better on a Master Blue or Dawn Black, with a black bezel, obviously. The part I was concerned about was the width, and the 24mm elite is wide enough to work though it doesn't sit flush like the stock band does.
To get this to fit I used a razor blade to increase the notch. Also, I had to make the notch a tiny bit deeper as the holes in the lug are set pretty deep on this watch.