"Watch" This!

I am one of those people who is prone to lose a watch shortly after donning it, especially because I don't like wearing one when I'm typing on a keyboard. For this reason, I keep the nice watch locked up at home and use a cheap watch when traveling. While I was in Italy last time, I went to an outdoor market and found this watch (the one in the photo) for only 5 euros, about $7.50. It runs pretty well, no problems, but one look at the watch and you may see why it's so cheap. Any ideas? What do YOU think?