if by luxury you mean "brand recognition", than I would say no, they wouldn't be considered "luxury" IMO. However, I've gotten complements on my FC quite a few times.
2 years ago I got FC world timer. It is true that you need to look around for the best deal and I wouldn't consider MSRP on FC. However, keep in mind that some of there higher priced items have in house movements, and that was what drove me towards it, you are getting in-house quality for a reasonable price. My world timer is dead on with keeping time, which I can't say the same about a Cartier which was about 4 times the cost...
I wouldn't hesitate buying a FC again, especially their in house movement pieces. I'm intrigued by their perpetual calendar models, but currently looking for something else.
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