I honestly use a watch as jewelry, so I don't care about accuracy, and buy invictas, androids, and the like.
Think of it as vw vs honda. Invicta is VW, and Seiko is Honda. I prefer VW and Invicta, because I know it's a cheap watch, so just want it to serve the purpose of amusing me. I see the value of honda tho, and so seiko is a fine choice. I recommend seiko 5s all the time. I think generally speaking the difference between a $50 watch and a $200 watch tho is going to either be style, or swiss bragging rights tho.