Once upon a time, Seiko was the destination for anyone looking to nab a quality automatic dive watch at a bargain-basement price. Divers like the iconic Turtle and legendary (and now-discontinued) SKX were tough, reliable and attractive, and could be had for only a couple hundred bucks.
But as Seiko has moved upmarket, those dive watch bargains have become harder to find. The brand’s entry-level “SKX-style” Seiko 5 Sports models may look the part, but with only 100m of water resistance, they aren’t actually dive watches. The modern Prospex Turtle is nice, especially with its SKX-derived handset, but its price tag has now crept up above $500.
Enter Timex. The resurgent affordable brand has also been creeping upmarket of late, but since its prices started on the floor below the bargain basement, they remain startlingly cheap. Such is the case with Timex’s tricked-out new dive watch, which looks like a direct shot at Seiko.

SKX + Turtle = Timex?
Timex’s new Deepwater Meridian 200 Automatic is one of the most premium dive watches in the brand’s lineup, perhaps only outdone by the Deepwater Reef 200 Titanium Automatic.
I’ll get to the watch’s specs in a minute, as they’re rather impressive for the $399 price tag, but first I want to quickly go over the design of this watch, as it is very clearly — and very heavily — inspired by Seiko.