Is it hommage also consider fake ie. MM?
A true "respectable" homage watch
replicates the look and feel of the original watch without violating any legal trademarks. Example: Invicta divers that copy the dial indices and mercedes hands of the Rolex submariner which are common design elements. Fraudulent homages aka fakes are watches that copy the copyrighted Rolex crown logo and name (sometimes mispelt).
Other interesting examples are Flieger watches made by Fortis, IWC, Bell and Ross, Stowa, Laco, Azimuth, Glashutte Original, etc. that completely replicates the look and feel of the World War 2 B-Uhr Flieger watches designed to Luftwaffe specifications (well actually most don't replicate the original 55mm size.) These watches are legal and "respected" homages since the copyright for B-Uhr designs have long since expired.
Homage is a very broad term. Some homages are fraudulent (fake), others are legal and respected. Depends if you break any laws making them in the first place.
