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PRX is just over £600ish (I think), The Nivada is over £900, a little harsh comparison. (maybe I'm sensitive owning one- hurumph)
I'm with @Howard
The bracelet on the Nivada looks naff
ChainBreaker
Regal
I agree, I think I prefer the dial and hands on the Nivada. The PRX automatics have a pseudo-clous de Paris texture but instead of being machined it's stamped and comes out looking quite soft. I think that makes it look a bit cheap. The "1853" also does look a bit naff.
The PRX is a lot nicer than pretty much any other Tissot I've seen though.