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The problem is that the Grand Seiko looks no different from the $200 Seiko watches. And the logo is hideous.
Agree on the logo.
On the differences Rodabod put it perfectly:
A lot of these watches all look the bloody same.
I haven't seen a GS up close in the flesh, but when comparing Seiko divers, Tissot, etc. to Rolex, Omega, Breitling there isn't a great deal of difference until you start looking really closely... and even then... Decent bracelets seem to be more of a differentiator than anything else.
Bit late but was in a store that had a few Grand Seiko and a good range of pressage and other Seiko models....
The problem is that the Grand Seiko looks no different from the $200 Seiko watches. And the logo is hideous. Really not sure what the fuss is over them.