Don't be impressed with Rolex. I've had this one 17 years. It's been to the factory twice for service @ $500.00 a pop and is, has been and appears will always be +/- 2 to 5 min/24hr. It needs to go back again, but as I've rarely worn it since getting the TAG in 2005, I'm in no hurry.
Rolex are great jewelry but not so great time pieces. I'd recommend a TAG, Omega or Seiko automatic if one wants a serious and accurate automatic.
The Chase-Durer is a good quartz watch, but they use a proprietary battery you can only have installed by them (can't buy them), and that's really too much of a chore for me to undertake every 10-11 months.
When I have the opportunity to get another watch, I'd like to get another Omega Speedmaster (lost mine), or the Grand Seiko.
For everyday wear, I've never found a watch better than the Seikos I currently have. I'm too technologically challenged to master multi function. It's about all I can do to set the date when the month has less than 31 days...