Of course, they look like normal watches, that’s the point. However, if you paid for, you would get an extremely polished watch, rares/high-quality materials, hand-checked for every imperfection etc. as opposed to an almost the same looking watch for a brand, say Orient, which you would be able to find minor imperfections even as a non-enthusiast.
I dunno. Having looked at cheaper watches, I don't see imperfections. I'll grant that over time they'll show up (quicker wear and tear).
Here's the thing: Ever since I was a kid, the following features were basic:
1. Tells time
2. Tells date
3. Stopwatch
4. Alarm
5. Chrono (yes, I used that a lot for years).
All this for $50 or less.
I'm assuming the >$100 watches have all this? If not, IMO, the watch is simply failing at the very basics. It shouldn't even be called a watch.
Then Tier 2:
- Timer
- Multiple alarms
- World time
I pay extra for these (and use all of them).
The next tier (Tier 3):
- No batteries and/or solar. Definitely no manual winding.
The next tier:
- Stuff like GPS, sunrise/sunset, etc.
Personally, only after Tier 3 would I consider paying extra for all the things you mentioned. But paying $300+ for a watch without a timer or world time? You've been scammed.
How much have you paid for a pen? Montblanc ball point pens can exceed $1000. Apply everything you said to a (ballpoint) pen - one that most likely will write poorer than a good $50 fountain pen - and you'll see how people view what you are saying.