Old sea dweller no. New sea dweller maybe.
Ceramic bezels look all shiny and slick, but perform poorly to actual daily wear and tear conditions. My deep sea bezel cracked. Don't ask. It's like part of rolex's strategy for more frequent and expensive replacements (servicing costs)
Back to IWC. IMHO, the chronograph automatic has always been an icon for the brand and rightfully so. It's a bestseller. Great size, classic dimensions, purist design and one that will transcend through the ages. Will fit your wife, girlfriend, daughter, son, boyfriend, husband regardless of wrist size.
Valjoux movement base is also well tested, recognised and easily serviceable, not to mention at a lower cost. This in house strategy that IWC has adopted is in complete contrast to their stance just a decade ago, just look back and read the archives. It's all ego and marketing, nothing much to do with actual functionality, reliability and longevity of your timepiece. I will go as far as to say that IWC's best watches past and present are actually ETA based/modified. This is very much part of IWC's history and DNA. The marketing or move towards more in house movements is just industry trend following/ noise creation. Think of it like apple creating their own chips for their MacBooks/Macs. They want to, but intel is unfortunately or fortunately still better (cheaper too).
The new in house movements are very good I'm sure, but they've yet to prove themselves. I just don't think that they command the higher price to value ratio. The 3/4 is no doubt beautiful, but the balance Spring seems too small in comparison to the maschismo character of the movement. Manual winds are awesome / cool no doubt, but autos are still way more covenient. The portofino labelling also does not work for me. What's the messaging here? Is IWC Italian or Swiss German? It just fights with schaffausen. I'm glad they removed it from the latest models of the product line. If it does not relate to the functionality (depth rating, power reserve, institutional certification) of the piece, remove it.
The portofino is a beautiful piece, but it pales in comparison to frank underwood's favourite piece :)
Just my few cents worth :)
Happy 2016!!!