Wrapping the thread up: it's been an interesting and educating 24 hours.
First of all: did anyone watch the Olympic skating event at Sotchi? Omega keeps time there. Yesterday there was discussion at the men's 500 meters about who was first and who was second. Lucky for me they were both Dutch! Today at the women's 500 meters the starting gun misfired. The whole world now knows what crappy products come from Omega Switzerland. It serves them well.
Thanks various people for assuring me the watch can be repaired at less costs than 620 euros. I will consider repairing it, even though that changes nothing to the fact that it is still a seriously overpriced, crappy piece. Thanks especially to Archer, who is a Omega Qualified Watchmaker. He repairs 5 broken speedmasters every week. That's 260 disappointed Omega customers per year. Mind you: this only concerns the model Speedmaster. Omega has many more models that apparently break down after a couple of years. Archer, if you ever want to slow down to spend more time with your family, consider becoming a Seiko Qualified Watchmaker.
That's all folks!
Thanks again!