after a day on consider of the 292 motor is eta ,maybe i waiting 305,,,,,,,
IMO, the debate about ETA vs in-house is a never ending story. Is ETA inferior to in-house? The answer is no. In fact, ETA has proven to be more accurate than a lot of in-house due to the large quantity of ebauches that roll-out from the production everyday. In other words, tested and proven.
I have heard many horror stories of problematic in-house movements, FM Crazy Hour being a fine example where the problems take away the fun of owning such a fine timepiece. In-house movements from AP, JLC and Rolex are proven due to high production quantities. Although I am a huge fan of PAM, I do have reservation on their new in-house movements after hearing issues with the first few batches of 233. An analogy will be to a new car model...problems will exist until resolved in subsequent productions.
Another point to consider is that PAM rework the ETA although not as extensive as IWC. Anything reworked is no longer ETA. A lot of the inferior ETA components are usually replaced with higher quality components according to the specification of the manufacture.
However, with the 292 selling at premium price, I will too be inclined to abandon the idea of buying it at rm42k. Is it collectable? Yes, it is and probably that's the only reason to purchase it. The same reasoning applies to 127, 217 and 249. Otherwise, it does not justify the premium pricing.