I haven't read the thread well enough to know why people are criticizing you, but as a physicist, I feel comfortable saying that in the case of the IWC, the design does essentially serve as a Faraday cage/magnetic-shield. As I understand it, there is a continuous surrounding conductive enclosure around the movement (the soft iron back cover connects to the back of the dial) and that is how a Faraday cage is used to shield things from external fields. It isn't the way we would make a Faraday cage in the lab, but it still serves that purpose. If people are telling you that a Faraday cage must be made of mu-metal mesh, I think they are defining the concept too narrowly.