First I am going to politely reply that analog dive time measurement is not dead in light of dive computers as I don't own one.

My setup, a Pulsar divers watch (with solar face), re-mounted on "The Band" (available at REI and probably others) velcro based watch band, with a Suunto clipper compass clipped to the band. The compass is on the inside so that it faces up if my arm is in the position to hold a handgun or whatever.

This setup has worked for me well for two years now. The only complaint I have is the crystal on the watch is scratched as the crystal is slightly domed. When it goes I am going back to a Seiko automatic divers watch. Although I might try the Luminox deep divers watch with tritium.

http://www.luminox.com/about/deep-dive/

Bill