Yes, I just noticed it. It’s the end link that moves out of place. I sent the watch to IWC to have that fixed but I guess they didn’t do such a great job.
See to that end link, sir! I love that watch, too. It's a hard choice to me between this and the Mark XII. I find the case proportions to work a little bit better at this slightly larger size, but I like the thinner typeface on the XII.