I guess AP diver will be my pic for the favorite rep of the year 2012. That looks awesome and no other watch is in comparison to it. And also if someone can post the pics of all the watches.
There are quite a few detailed reviews on the forums about the differences between the V3.5, V4.1 and the V5... definitely worth reading if you're looking to buy one of them. I went for the V5 after reading all the info but each seems to have positives and negatives