Watches? What watches? We don' need no steenkin' watches. If I want to know what the time really is, I just look at my GPS. The time displayed there is insanely accurate.
Of course, I don't always have my GPS working, so I do have a cheap Casio ($50 or so) on my wrist. It has a very decent compass as a backup, as well.
Someday I imagine the marketers will bling up the GPS receivers, so that one can purchase a diamond encrusted titanium model- just what an anxiously awaiting world needs.
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Geezer in Chief