I have had this watch now for about three years and it is still seemingly bulletproof. I have, however, had to replace the band because it started to rip and would not remain on my wrist. The ruberized band itself lasted about 2 years which is good considering the a salesman for luminox said they normally only last a year. And in those two years, I barely took this thing off; not in the shower, pool, gym, or for work around the house; this watch is a quality time peice. The nylon band may last longer, but velcro does not work well if wet and in cold conditions; the velcro becomes useless. The rubber band is also very comfortable. The housing and transparent shield will, inevitably, get scuffed up, but I have really abused this watch at times. Never do these scuffs mess with the ability to read the watch.
It is really nice to have the day of the month as well, but this does not illuminate. But, this watch lights up so bright at night you can actually use it to read something if you really had to in pitch darkness. I have walked down a dark hallway at my house and this watch gave off a green aura that lit the way for me to see. It is also going to be a great watch for divers if it is not taken below 200 meters, which is a long way anyway. The rotating bezel allows you to set your time for oxygen or to time yourself at the gym like I do. The 60 second mark on the rotating bezel is also illuminated by tritium to find it easily. It has a lot of versatility for a simple design.
Luminox uses swiss quartz and the face has 12 and 24 hour time markings, adhereing to its military roots. The blackened stainless steel caseback has the Navy SEAL emblem laser etched, along with Swiss Made, adding to the coolness factor of the watch. However, I wish the little screws used to hold the caseback in place were also blackened as they do rust from the corrosive sweat you give off. My other issue with the watch is the second hands dont quite match up with the tick makes on the face. This, to me, is very trivial but it may bother some people. This watch is very easy to change to time and date if needed with the pinwheel on the side. Over the 3 years I have used it, it has never fell behind or sped up time, it always keeps accurate time.
Also, this is a super lightweight and comfortable watch you will forget you have on you unil you need it. I used to frequently wear my father's Omega Seamaster (James Bond Watch) and the thing was just too heavy and it would cut into my hand. My Fossil watch does the same thing. This watch won't pull the hair out of your arms or cause discomfort in heavy use.
This is my favorite watch and is the best I have ever owned. For the money, you get a great timepiece that will last a very long time. I highly recommend this watch to people like me who tend to unintentionally abuse things. A watch is an invaluable item to have on you and this is my watch of choice.