Well the .001 and .005 are the same watch just one on the strap and deployant the other with SS bracelet. Too bad you couldn't get the watch sent to you with both so you have the choice. I bought the .001 pre owned and then bought the steel bracelet. I have both strap and bracelet but prefer the bracelet. As many have pointed out here same watch. For completeness, you can always acquire the strap and deployant down the road.