Picked up a Model 111012 a couple weeks ago for 65% off MSRP ... The watch is not exactly my style, but as another member noted earlier in the thread, there's nothing else quite like it. While it isn't exactly a practical stopwatch, the dual time function w/quickset main hour hand and day/night indicator is very handy. I'm just starting to give it some wrist time ... most of my watches are sports or field watches, so it's a nice addition to the rotation.
The build quality, fit, finish, timekeeping, power reserve are all A+. The mono-pusher is the smoothest and most precise "click" I've ever had on a chronograph. I'm not in love with the nipple-shaped crown -- it doesn't offer much grip -- and the printing on the date wheel is quite a bit darker than the printing on the dial, but I'm just getting nit-picky. For a pen company, they make a pretty good watch.