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Yes, the engraved Pulsars are genuine RAF issue. However, they stopped ordering them as the crowns (and stems, I think) kept falling out in use. I believe it had something to due with pressure changes in a Tornado cockpit. My Dad has one. The build quality isn't up with Seiko, and the centre-seconds constantly counts like a normal seconds hand, and the sub registers are used for counting. The Seiko Gen. 1 is probably a very good investment still. Prices are climbing.
I have a Gen 2 and i think its a lovely watch personally. Obviously its to small for me but other than that, i think its a definite classic.
One day i will buy a Gen 1.
I see Pulsar "RAF" watches. Are these genuine RAF watches?