Reliable movement is one thing, fit and finish is another. High quality materials used in the case as such will increase the price.
Kinda like a swiss quartz, do they really cost hundreds of dollars to justify an $1,000+ Omega???
at least Omega adds the Co-axial escapement to their modified movements.
Shocked!? Well, considering what this movement costs (I found it for less than $40 USD), I can't believe that it's in such high-priced watches.