It is a beautiful and elegant watch. It features the SEIKO 4R36 mechanism with 24 jewels.
The accuracy of the mechanism is approximately +45" to -35" per day if worn daily. Power reserve is about 40 hours. The quality is quite good, with the strap being quite sturdy. The only drawback for some may be the size of its diameter.
In this price range, it is perhaps the best solution if you want an everyday automatic watch. If you are a watch collector, this should probably be a part of your collection.