I'm not going to praise greymarket but also I won't bad mouth them. Grey market will save you money but you forfeit warranty, buying experience,customer service (from what I've heard) and if the situation like the OP went thru came up then you'd probably not get a replacement (at least not as easily as he did) I would say that's where the diffrence of going grey ends. After talking with a friendly gent at an AD about grey's, and saying exactly what you are saying, he said it wasn't true (I too heard these stories) It's my impression that if a watch from an AD or OB is not up to par they are sent back and corrected because ultimately Omega or whichever high end name brand doesn't want their name on a product with defects. But I dont know if that's fact either
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