I picked my winning team long ago, and it is Omega (particularly Speedmasters). However, my favorite modern player under 40mm is the Rolex Explorer 214270. My wrist is 7.75 inches so I don't need to think about the 1016. There is something super sweet about the 214270 even if it is more luxe than the 1016. The precision of the engineering and the solidity of case and bracelet are quite impressive at any price point. In addition, the dial maintains a classic simplicity and elegance (and I pretty much used to hate any Rolexes). Just sayin'