I see the points and appreciate the Grand Seiko and King Seiko...
I really hope Rolex could stop increasing their price when they see many voice like you here

...
But when the resources(money) is limited, people tend to buy a Sub C rather than a similar priced Grand Seiko SBGM001, don't they?
You may say these people are fooled by propaganda made by Rolex (I heard Rolex spent 70% revenue into advertising),
and I will totally agreed with you.
Question is, if only out of 30% is what a Rolex worth, why am I still admired and tempted to buy one?
Maybe I am a fool, but that is in my brain telling me if I have a budget say RM27,000 I will go for a Sub C; if I have a budget say RM40k+ I would go for a Daytona. Tell me I shouldn't do so or I'd make very wrong decision if the money has to be spent for any watch.
But why...
Have you read a book call <The Origin of Brand>? I am not sure if it is true but the book says:
The origin of Brand is planted in people's brain when a new category is created.
The brand name will be an inception to the brand category in the brain.
So the category/brand as following,
the first precise search engine brand / Google
the first car brand / Mercedes Benz
the first plastic container brand / Tupperware
the first brick toy brand / Lego
the first toothpaste brand / Colgate
the first jean brand / Levis
Maybe they are not the first manufacturer or inventor of the category but they are mostly the first brand introduced successfully to the mass market.
I was surprised when I read more about Rolex, after I link the above quote into it. I might be wrong but this is what I have observed:
category / brand
the first wrist watch brand / Rolex (my 2 c :VC is not the first wrist watch brand coz VC was a pocket watch brand)
the first water proof case brand / Oyster
the first 360 degree movement automatic movement brand / Perpetual
the first date function brand / Datejust
the first day function brand / Daydate
I found that Rolex is very firmed on the design. there is only one single design of Oyster case, they all have similar straight line and curve line. I heard a journalist once asked Gerald Genta what is the model of watch he wishes he could have designed one, he answered: An Oyster, any Oyster.
I don't know, when people say the most beautiful diver watch used to be the Submariner; the most beautiful chronograph watch used to be the Daytona... That also in people's mind.
I dun know but I think, we can't change people's mind, can we?
Just my 2 cents.