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Just bad design overall then. Should have made it 38mm, much closer to the original and would have complimented layout and movement. They've only put "automatic" down there as even they know it's not well balanced. Seems silly to me when a company of that history has so many options.
Second model you added is much better for sure. Not so fussed on the whole heat treatment blue hands myself either.
They couldn’t make it any lower because of the ETA movement they were forced to use. The fundamental problem is that the watch is too big. Apart from that it’s quite nicely done but the newer sector dial remake they’ve done is much nicer IMO (and more accurate to the original).