I've had on the bench in the past couple months. Nothing outside of my Omega 8500 co-axial (for which you could buy 20 of these Armanis), can touch it. Info on the movement is scarce. We all know Fossil bought STP and has been putting their Model 1-11 (yet another Swiss Made 2824-2 clone (update: drop in replacement--dimensional clone but few/no interchangeable parts, as sirgilbert notes below), possibly from a Sea-Gull ebauche (update: unlikely, given docvail's findings below) in everything from A (Armani) to Z (Zodiac), including some of Fossil's own "Swiss Made" line (which are a bit dull IMO). The best part? I had literally zero interest in buying one of these. Had it not been for you fine F71 folks and that m̶a̶r̶r̶i̶a̶g̶e̶ ̶d̶e̶s̶t̶r̶o̶y̶i̶n̶g̶ lovely "Heads up" thread, I never would have even known about them.
There's no debate that the 1-11 is well-built (see WatchGuy UK's review), has an extra jewel (26 total) for the barrel arbor, and a far nicer finish that than the run-of-mill 2824's, but I always took most of seemingly outlandish stuff being said about these movements as hyperbole, if not outright myth--that Fossil exec who claimed the 1-11 had "better than COSC" timekeeping numbers, or the infamous email correspondence where an STP "tech" claimed the movement was adjusted in FIVE positions (vs. two for an ETA 2824 in standard grade). "Sure it is!" I remember thinking. And Wendy Williams is "all natural."
I'm glad I didn't place any bets (on the watch). I don't know how they're doing it, but this movement is, quite simply, phenomenal. Just unboxed it yesterday. Pretty blue dial, nice fit and finish, classic styling, blah blah blah (I do love the strap though). Anyone in the "watch=man jewelry" crowd will surely find it well worth the measly $200-300 it's selling for (props to crysman2000 for spotting the deal).
Fellow "gear heads" will feel like someone misplaced a decimal point...in the best possible way. Holy $#!t can this thing keep time! Here it is Pendant Right (12-up), the most useless of the 6 positions (COSC doesn't even test it), fashion ads be damned, after discharging from full wind for nearly 27 hours (note the low amplitude). In other words, dreadful position in dismal conditions. Even the finest movements often "step in it" here. Meanwhile, the Armani did this:
And though I've got a big update to the timing study coming soon, this little gem warrants an early preview. We'll keep things in the Swiss family for now:
Like I said, insane numbers. I'm still scooping my jaw off the bench
And yes, it's nice looking too (to the extent that matters), unless you need a watch the size of a coaster . But honestly, I'd pay four figures for the movement alone. It's that good. I feel like a shill. I hate shills. I don't care. You guys should seriously consider springing for one of these. Any watch collector ought to have at least one watch with this movement in the case, and for $200, how could I not share the news with ya?