The date placement along with the closed caseback makes me wonder if they're just looking for a way to unload the rest of those f. Piguet chronograph movements before they go fully in-house across the offshore line in the next couple of years.
You are taken by it...I really like the little details on it - The blue on crown+pushers. The hex center on subdial hands. The see-thru hour+min hand. They took both 42+44mm off the site though [nt]