Thanks to all. My queries are more of hypothetical nature, curiosity grown from seeing old, somewhat beat-looking omegas (and other makes) in street-fairs and the like. I am very inexperienced and likely naive, but have progressed deep enough into my studies here to know better than to assume a 100$ omega (unless it be among the luckiest days of life) any legitimate or authentic deal. My own true budget is, or will be, in much more strict alignment with reasonable figures. I would not enter such a game expecting miracles.
But also had hoped to determine just what is possible along the lines of the franken-watch. I would not be fooled when dealing in automobiles, but knowing little of the watch world, it would be very easy and I am attempting to understand the parameters and possibilities. Is a franken omega for example always franken-ed out of omega parts? Does it therefore always fall beneath the umbrella of Omega in the end? Or might it go so far as someone shoe-horning the guts of a timex weekender into the case and dial of a constellation? With automobiles one cannot pass off such severe fakes so easily as the machinery will rarely mate up. You will not buy a porsche, even as a pure fool, and learn a week later that the engine is out of a ford focus.
Again this all purely for curiosity and didactic purposes. I am being or have been rapidly convinced that the best thing is to wait, research, buy proper and verifiably authentic. Unless stumble across the 50$ item at bottom of a bin and take the swing purely for the lark.
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