Just my two-cents, but frankening brings a good middle ground between owning gen parts at a good price point, and replica watches which are good enough quality. In this hobby there is also something that you cannot get in the AD: modifying watches based on your vision for the watch. Want a genuine caseback, crystal, bezel, hands, dial, movement etc? Want a fantasy piece that you envisioned for a watch but couldn’t buy from an AD? Want a movement that’s inside 50k watches stuck inside a rep case? These are all possibilities and there is no limit to this hobby except the amount of money in your bank and creativity. I can buy/build 5 frankens for the price of a luxury stainless steel watch. One is going to get me more satisfaction with my money than the Rolex.