This was bought as a cheap gift for a 9yr old boy and it's very good for the price.
The watch is obviously very cheaply made, but still working after being abused by a typical lad. It even survived going in the shower with him, despite not being waterproof. A dry on the radiator overnight and it was fine. Surprisingly, it keeps good time too. The numbers around the face are bold and easy to read for the hours, with minutes displayed on the rotating outer bezel. It makes this an easy watch to read time on for a child.
The canvas wallet fastens with velcro and, just like the watch, is very bright (think Tango and you're about right for the colour) and works well. There are a few internal compartments and it's perfect for storing pocket money or the odd banknote conned out of dad!
The dog tag is on a strong chain and is metal.
For the price, this is a nice gift set for a child and my son was very happy with it, especially as it has the spider logo prominently displayed.