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Speedmaster Reduced -- Crown and other issues

Hi folks
I recently inherited a Speedmaster Reduced (Automatic) Chronograph 3510.50, circa 1998. The watch is in beautiful condition but does a few things that make me wonder if it needs service/repair. Any help, particularly from owners of this same watch, would be greatly appreciated.

Firstly, and most significantly, the crown cannot be pulled out to set the time unless the watch is flipped over so that the back of the watch is facing up. In the normal position, with the face up, the crown will simply not pull out. Is this correct?

Secondly, after wearing the watch all day, it runs out of power about 2 hours after I take it off my wrist. The owners manual states that it has a power reserve of 44 hours, so this can't be right.

Thirdly, it looses about 1 second per hour. Is this excessive?

Fourthly, there appears to be some play in the mechanism. I always set my watches by rolling the minute hand forward by about 20 minutes, then rolling back to the minute marker and then pressing the crown in at the correct moment. When doing so, it takes nearly 80 seconds before the minute hand will begin to move forward. If I do not roll the minute hand back, but instead roll it forward only to the minute marker and press in the crown, the minute hand will begin to move after about 30 seconds. Either way, it appears to me that this is a bit sloppy for a watch of this quality. Are my expectations unreasonable?

Thanks in advance!

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Speedmaster Reduced -- Crown and other issues
Re: Speedmaster Reduced -- Crown and other issues
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