This is a new, limited edition (1500 each of 5 different colors) quartz chronograph. I've never experienced this movement before, but the top dial is in 1/20 sec, so it spins quite quickly. Other indicators are small seconds, 12 hour chrono counter and center chrono hand with tachymeter scale. A very cool feature is that when the chrono is reset, rather than just snapping back to zeroes like most, it actual spins all the dials up to zero in double time producing a robotic kind of effect. It's really fun to watch it reset after it's only run for a minute.The best thing about the design of this watch is that the outer numbers and tachy scale are embedded in the crystal in a layered fashion so the whole thing is very 3 dimensional. I tried to show it off in the pictures as best as I could, but it's really something you need to see in person to appreciate.The whole thing is built and finished very well, comes with a nice calf leather strap and has a relatively nice (for a Seiko) cardboard presentation box. I think it's one of the more interesting things to come from Seiko for a very long time.(Since this is such a pic heavy post, if you leave a comment, please save everyone's sanity and do not quote the entire post with all the pictures. :-!)