I have a pretty soled collection of Seiko auto's, and bang for the buck, they cannopt be beat.
There is a huge difference between a Sears/Bay/Mall jewellery shop Seiko, and what you order from Japan. Some of the JDM stuff, has the fit, finish, and build quality of some of the nicest Swiss stuff.
I just got a Seiko SARB cocktail time Auto, and it is an absolutely gorgeous watch.
Most 6R15 movements are coming out of the box with chronometer accuracy. Seiko NA stuff, yes... pretty much crap. The overseas stuff, especially their auto's are amazing value. I know some guys that have some mega-expensive Swiss stuff, yet they still rock Orange Monsters, and SKX007's. The SKX007 below, can be argued to be just as iconic of a watch as a Submariner or Seamaster. It's a cool classic in the way a 1972 Datsun 240Z is. Where as a Seamaster would be more akin to an old 70's era Porsche 911. Both incredibly cool and well made, just different price brackets. True watch enthusiasts embrace the Seiko legacy, label snobs bash it, and look stupid for it: