Yes and no. If it's an inexpensive watch, I would not expect one of the higher-end ETA or Selitta movements.
At the same time, I agree with you about the 6'000 € watch with an ETA movement (Panerai / Franck Muller / IWC being examples... Up to €25'000 for a watch with a generic ETA movement).
I have a watch with a Seagull copy of a ETA 6497 movement. It's beat sounds like a tin can compared to even a Vostok. It is also pants at keeping time, so I do not hold much store in it's workmanship and components.
To be honest, in-house movements, while a cool idea, are not always a good idea. I can get my Selitta or ETA fitted watches serviced just about anywhere in the world, for about 150€ (at the high end), my Omega would cost me 700€ for a factory service, or about 350€ at an independent (Omega parts are expensive). Also, my Vostoks I would have to order the parts from Russia (or find a donor watch). Not exactly easy in today's world. But try finding parts for an Oris in-house movement on the other side of the world. Heaven forbid a company see parts as an important revenue stream and charge through the arse for them...
At the same time, I agree with you about the 6'000 € watch with an ETA movement (Panerai / Franck Muller / IWC being examples... Up to €25'000 for a watch with a generic ETA movement).
I have a watch with a Seagull copy of a ETA 6497 movement. It's beat sounds like a tin can compared to even a Vostok. It is also pants at keeping time, so I do not hold much store in it's workmanship and components.
To be honest, in-house movements, while a cool idea, are not always a good idea. I can get my Selitta or ETA fitted watches serviced just about anywhere in the world, for about 150€ (at the high end), my Omega would cost me 700€ for a factory service, or about 350€ at an independent (Omega parts are expensive). Also, my Vostoks I would have to order the parts from Russia (or find a donor watch). Not exactly easy in today's world. But try finding parts for an Oris in-house movement on the other side of the world. Heaven forbid a company see parts as an important revenue stream and charge through the arse for them...