I also picked up a Bell & Ross last friday from my AD here in los angeles. I was going to place an order for the new phantom since he had one more allocation but trying on a 46mm is way too big on my small wrist. My AD had just got in a BR-03 in PVD and I fell in love with it right away. After taking home and wearing it for about 4 hours the chrono function didn't work and locked up the entire mechanism. It would only run the chrono for 36 seconds and then stop. I kept restarting it for a few hours and then gave up. Went back the next day and they called the rep for B&R and they are supposed to send a new replacement on monday. The watch itself looks incredible and they did a good job but the velcro strap looks cheap IMHO. Interesting fact is that my AD moves alot of B&R's and this is the first return as he is happy with the line. I'm going to post when I get the replacement and let you guys know what happens. Anyway, I am glad you are enjoying yours, wear it in the best of health!