And I concur with you that the lugs are quite big. Therefore even as it is a 38mm watch, you still need bigger wrists, even if the lugs are nicely curved. However, at this price point it is amazing value for money. Just look at the quality of the dial. It can rival a lot of dials of current production watches 10x more expensive. All together, I still love mine after having it for more than 10 years.
Br,
Dirk