I have to admit that I just don't get the whole Steampunk thing!
Maybe because I don't see much of it in the UK, or if people who are into it just don't go outside...
I love Victorian Engineering, so I kind of get that bit, but as far as I'm concerned lot of the elegance has been misinturpreted as 'stick loads of extra stuff on it and it'll be way cooler'.
Saying all of that, I like the fact that someone has thought out of the box a bit with that Devon watch and not been afraid to experiment (or copy someone!).
I'd say the most impressive piece of Steampunk I can imagine would be a minute repeater with a chimney on which puts out real coal smoke. A mix of amazing Victorian design and engineering, with the smell of Industry!