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The ETA model was only made for about 6 months. It has the old 'rose' logo instead of the modern shield logo on the mk.2, which is a bit less in keeping with its vintage look. The curved 'rotary self-winding' text, vs the straight lines of text on the mk.2. Standard oyster-ish bracelet vs the riveted bracelet on the new one, which I suppose is more vintage-correct, but looks a little contrived to me with the modern solid end-links. Several hundred quid cheaper. There's one sitting in the window of the local Rolex/Tudor dealership.
NF is cool but the Black Bay is a real classic. Would wear. Remind me what's so spesh about the mk1.... and where will you get one?