I liked the qualified pilots version much more, because it was much more abstract. This one just yells at you, wanting you to believe that it is a pilots watch, but doesn't make sense on closer inspection.
Horizon line for running seconds? Really? What purpose does it serve apart from looking like an attitude indicator?
In the old version, at least it was justifiable being a day/night indicator. That one also filled up the dial much better with the Arabic numerals. This one is far too much cosplay.