I actually like the 5116. Very few people like the hobnail bezel, and honestly I'm not sure I'd wear one every single day since the hobnail bezel conveys a sense of formality and seriousness.
However, I wished they made a 5120 with a true enamel dial. I'm a bigger fan of the automatic movement of the 5120. Then again, if the 5116 was a secondary watch that I were to only wear during formal occasions, a manual wind watch does make a large amount of sense.