2 things:
1/ Is it expensive?
Compared to the Competitors offer, it is not the most expensive, nor the less, so this is a subjective matter.
Let's say that for all the qualities of this model and for all its " virtues ", I think that it is correctly rated in price.
2/ About the dots, at 3 and 9, you're right, they don't have an obvious utility, when you also compare them tho the thin luminous material on the hands...
Best, my friend.
Nicolas