As the above have pretty much stated: It all boils down to: Can you pull it off. If you work at McDonald's people might think that gold rolex is fake, if you are a private banker at UBS they likely won't question it. If you drive an old honda civic and rock a 30k watch you might get called out, I'm 37 and drive a Jaguar and a BMW and wear watches in the 8-15k range so no one bats an eye.

Personally I could afford to buy a few gens, but I have much more fun with my 60+ watches, hunting down certain ones and never getting around to wearing them all. Also, I'd never pay the premium for something like a standard PAM (I have a 177 and a 111) because the good reps are basically on-par with the gen...

just my 0,02... :P