A little of both in my opinion. $76 for a 200m WR automatic watch isn't much, and you can see where corners are cut in the finishing of the case, in the bracelets/straps, etc. The crown operation is a little clunky, no quickset date, etc. But they do have a style all their own and are durable, accurate watches.A good looking watch, why do most refer to them as "cheap Russian' is it price or quality?
Keep a tube of Polywatch around. ;-)