Rolex for me is only the medium lower grade watch. Just look at their full range of movement, the most complication could be the Daytona (cant remember the code) which i pay for only 1/3 or 1/4 price can get the same function or style with other famous swiss watch brand
Interesting point of view. Personally I feel the Daytona is what we call an 'aspiration' item, much like the iPhone or iPad. There are other watches out there that can do more or do it better than the Daytona, but at the end of the day, it is not a Daytona.
As for Rolex being categorised as a lower grade watch based on complications, well, lets put it this way:
Moon phase watches: useful if you are one of these - mariners, fishermen and hunters
Minute repeater: where in the world do you not have light to see the time, also most watches have luminous material on the hands and dial, even minute repeaters.
Tourbillon: do you use a pocket watch? If so, useful, if not well......
Perpetual calendar: do you really need a watch to tell you the day, week, month, year?
I am not a Rolex fan boy, if you have read my posting, you will know that I am not one. But let's be honest about Rolex. As much as you dislike Rolex, a Rolex is a Rolex. Grade the watch/ brand based on more substantial facts and data and not by the number of complications it has or can have. Tell you what, a Citizen can have a huge number of complications, does it mean that it is of a higher grade (no offence to Citizen or its fans).