just giving my 2 cets on the current euro predicament, i've been sourcing for a reasonable price for a brand new pam.
*this case may only apply to panerai watches*
to my findings, if u can find a good dealer willing to ship to malaysia, u get a very good discount over the prices at the US.
apparently, panerai has yet to change prices even with the falling euro, but has already put on new prices for june 2010 (after new prices effective jan 2010) to combat the low euro.
take for example : the pam 312
it's $7100 in the states with chances to get a 10% discount = $6390 (which u can easily get on the forums with reputable dealers)
in the EU, list is eur4900 (june '10: eur5100) , discounts if u can find from 4500 euro up to 4800 euro for a brand spanking new one which works to : $5662 (at today's rate)
so tell me, how often is it u can get these kinda discounts if not for the low euro.