I got this Orient Ray watch, and I'm totally amazed by the quality for the low price - only $135 US!! (..plus shipping, plus customs, plus rip-off exchange)
Orient Ray.JPG
I'd read things about the cheapness of the bracelet, but it feels quite nice to me. It's certainly not as good as my Grand Seiko. The clasp is a little cheap, and the end pieces are not solid, but for the price it's perfectly fine. The watch keeps time well. The blue colour is very discrete. It mostly looks black except in bright light and even then the blue is subtle, not bright. My only complaint - the bezel is nearly impossible to turn when you have wet hands, ruining its function as a dive watch.
Overall though, it's a great watch. This satisfies my desire for a Rolex Submariner, but at 1/50 the price. (plus you get day/date without magnifier)