I have to come to Invicta's defense here. Invicta's problem lately is they are trying to play in all markets, which has created confusion about the quality of the brand as a whole. They do make cheaper watches in the $40-60 range meant to compete with watches from Guess and Fossil, and sadly those Invictas are very low quality, even when compared to those other two brands.
However, watches from the Subaqua, Signature, and Reserve collections are the complete opposite. Outstanding quality and an excellent value.
Before I speak to this watch specifically. I have to clarify some designations. The Swiss watch industry has very strict guidelines regarding the use of "Swiss" on watches. Here's how it works:
*If the watch says "Swiss" or "Swiss Mov't" or "Swiss Quartz", then by Swiss law, the movement must contain greater than 50% Swiss manufactured parts, and the entire movement has to have been assembled in Switzerland by a Swiss manufacturer, but the rest of the watch can come from anywhere.
*If the watch says "Swiss Made", as this Subaqua does, the ENTIRE watch, including the movement and case, must be manufactured and assembled in Switzerland using Swiss parts by a Swiss manufacturer.
This watch is a high-quality watch. As another poster pointed out, the movement is a Ronda Startech, an excellent Swiss quarts movement, a real workhorse. Not high dollar, but good quality. Sadly the crystal is mineral and not sapphire, but they wanted to keep the price low, and that was one way to do it.
I would also recommend any of the Invicta automatics because they use either Miyota (Citizen) movements, which are high quality Japanese movements (again, workhorses), or Swiss ETAs in the Reserve and COSC models, which is the same movement used in Omega and IWC, TIssot, and Tag automatics, plus many others.
The aesthetic of the Subaqua is not for everyone. But anyone who says "all Invictas are ugly" has not seen the entire line. They make some very classic designs. The Pro Divers look like Rolex Subs, and their Speedway collection look like Daytonas. The Steel collection is reminiscent of a Movado in it's simplicity.
This Subaqua is a serious watch. Yes, it's huge, but that's primarily due to the fact that the chronograph movement is large, and you have to have a very robust case to withstand 500m of pressure (200m MORE than a Rolex sub, btw).
I have three Invictas. One uses this exact movement and has a sapphire crystal. Another, an Ocean Ghost diver, uses a Miyota movement, and that thing runs like a champ, with a reserve of well over 24 hours. But my favorite is the model 9937 Pro Diver, which has the look, feel, and 90% of the quality of a Rolex Sub for less than 10% of the price. Swiss ETA movement, WR to 200m, solid stainless steel, sapphire crystal, screwdown crown and case, etc. Only things the Rolex has on it are screwed band links vs. pins, and the COSC certification. If you need that, then buy an Invicta model 4463.