When I say "offered" I mean the gen watch being offered by Panerai.
I *know* there are 26mm PAM bracelets out there in the rep world. Whether any dealer offered a PAM225 (still assuming that's what you're talking about and not the 5218/207A) is another question.
If you don't mind it being a fantasy watch, go for it - although you may have to buy the watch/bracelet separately. Do you have any 47mm PAMs? That watch on bracelet is going to be EXTREMELY heavy...