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Sadly, I must admit that I don't know enough about the technical details of Rolex in-house movements to comment on their quality. I do, however, has other issues with Rolex that keep me from buying them. The pathetically cheap clasp is inexcusable for a $4000+ watch. The cyclops date magnifier is an eyesore. I don't want a big pimple on the top of my crystal!!!! I also dislike the fact that Rolex doesn't use the anti-reflective coating that Omega and Breitling use on their crystals.
As you pointed out, I also dislike the snobbery that accompanies the Rolex marketing campaign. That attiutude of "we're the best so if you want one of our watches, pay retail or there's the door" just rubs me the wrong way. Not only are their retail prices MUCH higher than a comparable Omega or Breitling, but they won't discount from MSRP at all, while Omegas and Breitlings can be had at 30% off or more. So, any way I look at it, that Rolex in-house movement has to be something REALLY spectacular to be worth paying a several thousand dollar premium for.
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